Wieland Group has announced on Wednesday plans for a $500 million capital investment plan to “re-equip, expand, and modernize its facility in East Alton.”
Wieland announced at the event that it will invest $500 million in modernizing its East Alton facility – one of six across Illinois. The investment, which retains 800 jobs across the state, will enable the company to increase production of critical copper and copper alloy components that are used in electric vehicles (EVs), EV charging infrastructure and renewable energy production while supporting the state’s clean energy economy.
