Siderforgerossi Group S.p.A., a global manufacturer of forged products and a portfolio company of KPS Capital Partners, completed the acquisition of Grupo Euskal Forging S.L. and its subsidiaries. Euskal Forging is a manufacturer of forgings and seamless rolled rings, including rings greater than 8 meters in diameter, serving the wind power and mining industries. Headquartered in Irura, Spain, the company operates three manufacturing facilities and has approximately 170 employees. Veneto, Italy-headquartered Siderforgerossi is a vertically integrated manufacturer of rolled and forged products with capabilities across the manufacturing spectrum, including open-die and closed-die forging.
Andritz received an order from Thyssenkrupp rothe erde (Xuzhou) Ring Mill Co. Ltd. to supply eight chamber forging furnaces for its plant in Xuzhou, China. Thyssenkrupp rothe erde manufactures slewing bearings and seamless rolled rings used in applications ranging from industrial machinery, automotive engineering and aerospace facilities to wind turbines and tunnel-boring machines. Andritz’s scope of supply includes engineering, manufacturing, electrical equipment and automation software. The furnaces will include low-NOx burners that will minimize emissions and fuel consumption. Start-up is scheduled for the first quarter of 2022.
China’s Shandong Iraeta Heavy Industry Co. recently rolled off a huge seamless stainless steel forged ring, which it claims is the world’s largest. The ring, which weighs 150 tons and measures 51 feet (15.6 meters) in diameter, was manufactured as the key part of a nuclear power unit. The product was developed by the Institute of Metal Research under the Chinese Academy of Sciences and ordered by the China National Nuclear Corporation. It is expected to play the supporting function in a nuclear reactor vessel to withstand pressure of up to 7,000 tons. The giant steel structure was produced by welding segmented sections into an assembly.
After several successful projects in the field of train-wheel manufacturing, Schuler Group is now offering complete systems for the production of seamless rings.
On a campus-like setting within Warren is Weldaloy Products Company, a copper, aluminum and other nonferrous metal forging and machining company that manufactures custom products according to its customers’ specifications.
ThyssenKrupp Rothe Erde GmbH (TKRE), a global manufacturer of slewing bearings and a producer of seamless rolled rings, placed an order with Siempelkamp for a new 6,000-ton upsetting and piercing press.
Alcoa signed a definitive agreement to acquire Firth Rixson, a global leader in aerospace jet-engine components, from Oak Hill Capital Partners for $2.85 billion in cash and stock.
Grupo Euskal Forging, a Spanish manufacturer of seamless rolled rings and other forged parts, ordered a new ring-rolling machine from Germany’s SMS Meer.