thyssenkrupp Combines Forging Operations into Large International Forging Company
thyssenkrupp announced it is integrating forging activities within its components business area to form one of the world’s largest forging organizations with sites in North and South America, Europe, India and China. The new business unit, thyssenkrupp Forged Technologies, employs 7,000 people at 18 production sites and has a broad distribution network in over 70 countries. The business unit, which operates more than 50 forging presses worldwide, will be managed from thyssenkrupp’s headquarters in Essen, Germany. Its product portfolio includes forged and machined components and systems for the automotive and construction machinery sectors and for general mechanical engineering applications.