Investing to grow The Forgital Group is a leading Italian manufacturer of rolled rings that is constantly innovating to maintain its competitive edge. As Industry Europe reports, last year saw further investments in new plant and capital increases to ensure its continued growth.
T
he Forgital Group is led by the fifth generation of the founding Spezzapria family and is headquartered in the Vicenza area of north-eastern Italy (specifically in Seghe di Velo d’Astico). Its size and structure keeps on growing – in fact, at the end of 2017 it announced it would be strengthening its capital structure to enable it to realise its ambitious 2017–2020 Business Plans. Forgital Italy SpA shareholders have fixed a capital increase with share premium to a total amount of €20 million. The group’s structure currently includes a series of production and commercial companies, through which it produces and distributes forged and laminated rolled rings of rectangular or shaped sections. Various materials are used for this activity, mainly carbon steels, alloy steels, stainless steels and aluminium, as well as a nickel alloys, cobalt alloys, and copper and titanium alloys. Forgital’s products are used in applications in a large number of industries such as aerospace, oil and gas, transmission, power generation, and general mechanics.
126 Industry Europe
