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A new joint Venture for closed-die forging in India!

Aubert & Duval joins forces and expertise with Setforge (Farinia group, France) and QuEst (India) by çreating SQuAD Forging Ltd.

Aubert & Duval (ERAMET Group, France), a global player in large closed-die forgings, is joining forces and expertise with Setforge (FARINIA Group, France) and QuEST (India) to establish a joint venture company named SQuAD Forging India Private Ltd.

This greenfield closed-die forging facility will be set up in Belgaum SEZ (Karnataka State, India). It includes a screw press, a hydraulic press and all the associated heat treatment, inspection and finishing equipment, representing a total investment over $ 10 million. Additional value will be provided by Quest Global Manufacturing local machining operations. Production will start beginning of 2013.

The facility will forge small and medium-size parts in aluminum, steel, titanium and nickel based alloys. Target markets are : the aerospace (for structural components, landing gear or braking systems), the automotive, power generation, and oil & gas. This investment will also support the aerospace OEMs by contributing to their offset obligations.

For more information on the new company, please visit

www.squadforge.com

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2012_01_17_SQuAD_Press_Release_.pdf17.9 K