OTTO FUCHS Hungary, based in Tatabánya near Budapest, has awarded SMS group (www.sms-group.com) the order to supply two hydraulic closed-die forging presses with pressing forces of 40 and 80 MN respectively. The new presses will allow OTTO FUCHS to manufacture higher-quality forged aluminum wheels for automobiles at improved productivity.
The closed-die forging presses are scheduled to come on stream in the third quarter of 2016.
The SMS group is, under the roof of SMS Holding GmbH, a group of companies internationally active in plant construction and mechanical engineering for the steel and nonferrous metals industry. Its 14,000 employees generate sales of over EUR 3,4 bn.