On May 20, BELGEE started construction of its modern stamping shop at its plant near Borisov, Belarus. The new robotic facility will manufacture large exterior body components for vehicles.
The new workshop, spanning more than 5,000 square meters, will include a pressing line and a stamping die storage area. The faci
On November 20, JBM Group entered a joint venture with Sodecia Automotive International SA, a Portugal-based global automotive supplier, to design, develop, and manufacture hot-stamped automotive systems and components in India. The foundation stone for the new manufacturing facility was laid at JBM’s Neel Metal Prod
On September 12, the Industrial Development Fund (IDF) announced that Polad has started import-substituting production of small, stamped parts for Lada Largus cars in Tolyatti, Samara Region. The investments in setting up the production exceeded RUB 300 million, of which RUB 215 million were provided by the federal I
On April 22, SOLLERS Group announced the localization of stamping production of body parts for Sollers Atlant and Argo light commercial vehicles from Russian galvanized steel. The production has been established in Tatarstan at the site of the project's industrial partner.
All large external and internal body parts,
On December 6, Atom announced that hot stamping will be used to produce the Atom body. This technology increases the mechanical properties of the metal, such as its strength and wear resistance. Thanks to the technology, the part can be made lighter and thinner without compromising its strength. It also allows the cr
On December 4, the European Commission approved One Equity Partners, US to acquire full control of E. Winkemann, Germany under the EU Merger Regulation. E. Winkemann mainly produces precision stamped metal parts for the automotive sector.
The Commission found no competition issues due to the companies' small combined
On October 30, Sollers and PJSC Magnitogorsk Iron and Steel Works (MMK) signed a memorandum of cooperation to localize stamped parts for bodies and cabins of light commercial vehicles Sollers Atlant and Sollers Argo.
The first serial batch of MMK metal is scheduled to be delivered to the site of SOLLERS' local partn
On September 24, the Michigan Strategic Fund announced it has approved USD 3.5 million to support Laepple Automotive, the U.S. entity of German auto parts manufacturer Laepple Automotive, in its plans to establish its new U.S. headquarters and main manufacturing operations in the city of Detroit.
Laepple plans to inv
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