Italian machine tool industry registers significant growth
Forgings Today|July - August 2021
During the first quarter of 2021, demand for Italian machine tools grew again. The UCIMU index processed by the Economic Studies Department & Business Culture of the Association showed a 48.6 % upturn in the first three months of the year compared with the same period of 2020.

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Ford To Manufacture Batteries For Its Future Electric Vehicles

Ford and SK Innovation have signed a MoU to create a joint venture, to be called BlueOvalSK, to produce approximately 60 GWh annually in traction battery cells and array modules, starting mid-decade, with the potential to expand.

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Italian machine tool industry registers significant growth

During the first quarter of 2021, demand for Italian machine tools grew again. The UCIMU index processed by the Economic Studies Department & Business Culture of the Association showed a 48.6 % upturn in the first three months of the year compared with the same period of 2020.

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Forgings Today
July - August 2021

Industry 4.0 - Concept of Manufacturing

Industry 4.0 refers to the concept of manufacturing where machines are augmented with wired or wireless connectivity and sensors, connected to a system that has capability to visualise the entire production line and make decisions.

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Forgings Today
July - August 2021

Bharat Forge to set up new factory for defence business

Bharat Forge is looking to acquire 175 acres in an industrial park near Pune for Rs 240 crore which will house new factories for its defence and electric mobility business divisions.

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Forgings Today
July - August 2021

Bharat Forge identifies two new growth drivers

Pune-based forging giant Bharat Forge has charted a course involving two new growth drivers over the next five years, involving electric vehicles (EV) and light-weighting technologies for automobiles.

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Forgings Today
July - August 2021

Bharat Forge acquires Nouveau for Sanghvi Forgings acquisition

Forging company Bharat Forge (BFL) announced the acquisition of 100% stake in Nouveau Power & Infrastructure, a group company 100% owned by promoters of BFL.

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July - August 2021

Fully automatic closed-die forging line from SMS

Chinese automotive supplier Ningbo Xusheng Auto Technology Co., Ltd. has issued the Final Acceptance Certificate to SMS group for the new, fully automatic closed-die forging line installed at the company’s Ningbo location in the Chinese province of Zhejiang.

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Forgings Today
July - August 2021

16 000 ton press presented for the first time

Schuler and its affiliate Farina have demonstrated the world’s largest mechanical forging line to an international group of 60 forging experts. A live video stream transmitted from the production site in Suello close to Milano showed the impressive features of the 16 000 ton press with a stroke of 600 mm in action. It will be delivered to the German company ThyssenKrupp Gerlach.

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Forgings Today
July - August 2021

Making Steel With Solar Energy

EVRAZ North America plans construction of a long-rail mill at its Rocky Mountain Steel operation in Pueblo, Colo. This decision allows execution of an agreement for a 240-megawattsolar facility located on 1,500 acres of land at the steel mill.

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Forgings Today
May - June 2021
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