Firth Rixson continues its expansion effort by entering into an agreement that looks forward to a new class of corporate jets; by acquiring Schlosser Forge; and by executing a series of investments in China.
To help forgers meet the demands of automobile manufacturers, this equipment manufacturer has developed new equipment for pre-forming, automation of hammer forging, new drive concepts, and a new generation of control systems.
New capacity in Warren, OH, will enable the high-volume forger to produce more forgings, and larger ones, too. According to OSF management projections, the expansion will boost the company's sales by $30 million.
A plant-wide energy assessment conducted during a process conversion at Jernberg Industries in Chicago identified seven projects that could save more than $790,000 per year in fuel and electricity costs.