Teksid S.p.A.

Company Profile

■URL

http://www.teksid.com/home.htm

■Address

Via Umberto II, 5 - 10022 Carmagnola, Turin, Italy

Business Overview

-The world's largest producer of gray and nodular iron castings and also a global leader in production technologies for aluminum cylinder heads and engine components.

-The Company produces approximately 600,000 tons of automotive components annually. The Company is also the market leader in engine blocks globally and in Brazil. According to its website as of March 2015, the Company's Brazilian operations, Teksid do Brasil, has a 70% market share in the country for the production of engine blocks for cars and light commercial vehicles.

Shareholders

-As of December 31, 2015, FCA (Fiat Chrysler Automobiles) owns 100% of the Company. 

Products

Iron components
-Grey iron cylinder blocks for light vehicles
-Engine blocks and heads for truck engines
-SiMo exhaust manifolds
-Nodular iron crankshafts
-Camshafts
-Steering knuckles
-Suspension arms
-Differential cases
-Disc brakes
-Disc drums
-Wheel hubs
-Brackets
-Bedplates
-Spindles
-Engine flywheels
-Bearing caps

Aluminum components
-Cylinder heads
-Cylinder blocks
-Camshaft carriers
-Rear suspension arms
-Intake manifolds

History

1917 Through its acquisition of Ferriere Piemontesi, formerly Vandel & C., Industrie Metallurgiche Torino and the Ferriera di Buttigliera Alta (Avigliana), Fiat secured the facilities needed to provide itself with iron and steel and metallurgical products.
1960-70's Fiat hived off its operations into independent companies that also opened their doors to non-Fiat customers.
Jan. 1978 The Company was composed of 4 operating divisions entitled Steels, Foundries, Processing and Tools.
1982 Finsider Group took over the manufacturing of special steels and long products, the production and cold rolling of stainless steels and the cold rolling of ordinary steels.
Regrouped in 3 divisions: Iron Foundries, Aluminum Foundries and Steel Components.
2002 Fiat sold the aluminum unit of the Company to U.S.-based Questor Management Company.
Mar. 2007 The disposal of Magnesium Business was finalized.

Dec. 2015

FCA acquired the remaining 15.2% interest in Teksid from Renault.

Supplemental Information 1