Towanda Metadyne and Prakash Steelage Ltd. signed an agreement to establish a specialized unit to manufacture forgings for equipment used in the U.S. mining and construction industries. The $6.5 million project will involve the manufacture of forgings at Prakash Steelage’s existing plant in India. Pennsylvania-based Towanda Metadyne will finance 50% of the new venture, provide the required technology and purchase the entire output.
I want to hear from you. Tell me how we can improve.
Check out the April 2021 issue of FORGE, featuring our cover story on the "Ovako's Vacuum Degassing Process Improves Forging-Steel Grades", "Back to the Future: Revisiting AM Predictions from 2012", "Viral Marketing during COVID-19", and much more.