Bharat Forge America, Inc. plans to invest $127.3 million to build an aluminum forging plant for the manufacture automobile components in Sanford, North Carolina. The new facility in Sanford will be part of a larger manufacturing center that will bring as many as 460 jobs to the region. “We are delighted to make our biggest overseas […]
H.I.G. Europe announced that its affiliate completed the acquisition of a controlling stake in Metalprint, a leading manufacturer of forged aluminum and brass industrial components. “Metalprint is one of the international leaders in brass and aluminum forging,” said Raffaele Legnani, managing director of H.I.G. Capital in Italy. “H.I.G. is excited to support the management of the […]
Otto Fuchs KG, based in Meinerzhagen, Germany ordered a 30,000 ton closed-die forging press for the manufacture of aircraft landing gear, engine discs, and structural parts, and other components. The new MH-30000 hydraulic forging press system will be supplied by Schuler, a member of the ANDRITZ Group. The scope of supply includes press mechanics, adaptation […]
Hydro is investing NOK 150 million (US$17 million) to upgrade its casthouse at its Husnes smelter in Norway. The new low pressure casting (LPC) technology will enable the company to produce more advanced products for the growing automotive aluminum forging market. “Forge stock for products like suspension arms and knuckles is an attractive market for […]
Weber Metals Inc., a U.S. subsidiary of Otto Fuchs Group, held a grand opening in October 2018 for its new 540 MN die forging press in Paramount, California. The press is the world’s strongest hydraulic pull-down die forging press in pit-mounted design and represents the largest single investment in the company’s over 100-year history. SMS […]
