Germany’s SMS Meer signed an agreement to supply a 45/50 MN open-die forging press to China’s Tiangong AIHE Co. Ltd. The contract is worth $20 million. Tiangong AIHE, located in the province of Jiangsu, will use the press for the processing of high-quality materials, tool steel, stainless steel and high-alloy materials as semi-finished products for various industrial applications. The plant operates with a press force of up to 40 MN and an upsetting force of 45 MN. SMS Meer is a company of the SMS Group.