According to local sources, Italian cold forger Vescovini Group has signed a letter of intent to open a $9.5 million forging plant in Serbia. The new facility, which will produce forged components for the construction and automotive industries, will be located in Serbia’s western town of Sabac. The plant will be developed on a 17-acre site and will initially hire 75 workers.
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Check out the February 2021 issue of FORGE, featuring our cover story on the "Nucor Steel's SBQ Program", "Back to the Future: Revisiting AM Predictions from 2012", "Pulse-Plasma Nitriding Improves Forging-Die Performance", and much more.