Construction work on the new SMS group Campus in Mönchengladbach, Germany, started with a recent groundbreaking ceremony. The site will be home to a new technology, service and digitalization center built on SMS premises. Starting in 2023, the competencies of five locations in the region will be brought together at this central location in the Rhineland. With its new campus, SMS will be able to exploit the full catalyst effect from the growth areas of service and digitalization to expand its role as a technology provider.
Ampco-Pittsburgh Corp. completed the sale of its Canadian specialty steel subsidiary, ASW Steel Inc. (ASW), to Valbruna Canada Ltd., a subsidiary of Acciaierie Valbruna S.p.A., of Vicenza, Italy. With production facilities in Fort Wayne, Ind., and in Italy, Valbruna produces stainless steels, nickel alloys and titanium long products. It has an annual output of approximately 200,000 tons of specialty steels.
For the third consecutive time, Cleveland played host to the biennial Forge Fair, which was held on the shores of Lake Erie May 21-23, 2019. Nearly 2,000 attendees and 169 exhibitors made Forge Fair 2019 the largest ever.
The 23rd International Forging Congress (IFC), to be held in Chicago Sept. 19-21, 2020, issued its call for presentations. The event, which will immediately follow the IMTS show, will showcase the best in technical and business-oriented presentations for the worldwide forging community. The IFC Planning Committee is calling for presentations now through Aug. 31, 2019.
Primetals Technologies and Mitsubishi Heavy Industries (MHI) will acquire ABP Induction Systems (ABP), a global manufacturer and servicer of induction furnaces and heating systems. ABP provides state-of-the-art equipment for ferrous and nonferrous metal casting, forging and steelmaking. Its main products are induction melting, holding and pouring furnaces as well as induction heaters. MHI and Primetals Technologies will jointly take ABP’s shares, and future business activities will be conducted in close cooperation with and under the leadership of Primetals Technologies.
Simulation in the forging business has numerous advantages. Increasingly, manufacturing companies are acquiring state-of-the-art software products so that they are able to understand, discuss and digitally represent a customer's design and engineering needs.
Forging companies are often faced with the decision about whether to add services to offer their customers. The investment in and addition of, for example, heat treating or machining service departments to your operation are viable growth strategies.