Weber Metals Unveils Massive New Press
Weber Metals of Paramount, Calif., and parent company Otto Fuchs Group (Germany) unveiled its new 60,000-ton forging press. The press was designed and built by Germany's SMS group and represents a $180 million investment. According to Weber Metals, the huge press is the world’s largest private investment in aerospace metal forging. As a result, the company will double its employment to 800 jobs.