[SMM Steel Market Flash] Thyssenkrupp to Close Indiana Auto Plant by 2027, Consolidating US Ops in Ohio

Published: May 26, 2026 18:00

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Thyssenkrupp Automotive Technology has announced it will close its Terre Haute, Indiana facility — operated by thyssenkrupp Presta North America and employing around 230 people — by March 31, 2027. U.S. chassis operations will be consolidated at the Hamilton, Ohio plant run by thyssenkrupp Bilstein of America. The company said the closure will be phased to ensure uninterrupted customer supply. COO Viktor Molnar framed the move as a step toward more flexible and cost-efficient production structures amid ongoing transformation in the automotive industry.

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