NewsBizkoot.com

BUSINESS News for MILLENIALAIRES

BFIL announces acquisition of three Forging Lines capable of producing 72K Tons per annum of heavy forged products

2 min read

pic Balu Forge Industries Limited

Hyderabad, May 21, 2024……Balu Forge Industries Limited (BFIL), a distinguished precision engineering firm engaged in manufacturing of crankshafts & forged parts, announces the acquisition of three forging traces in a mix of Hammers & Presses capable of producing 72,000 tonnes p.a. of heavy forged products.

Disclosing this in a press be aware issued in Hyderabad at the moment, the corporate mentioned, these newly acquired forging traces will seamlessly combine with the precision engineering enlargement going down at its upcoming manufacturing campus in Belagavi, Karnataka thereby making BFIL an built-in one-stop resolution supplier for superior machining options for crucial industries viz. Railways, Defence, Oil & Gas, Mining, Aerospace, Defence, Aluminium & different important precision industries globally.

The new forging unit will likely be seamlessly built-in with the not too long ago acquired precision machining unit of Mercedes Benz. This will additional strengthen our product engineering & enhance our precision product choices to world majors working within the crucial engineering & security parts business with end-to-end options beneath one roof.

This forging unit features a 16-ton closed-die forging hammer, rating amongst the most important within the nation and capable of producing forgings as much as 800-900 kgs. This capability will likely be additional enhanced with a 10-ton closed-die forging hammer line and an 8,000-ton capability mechanical forging press. With these services, it’s advancing our presence in engineering crucial industries viz. Oil and Gas, Aerospace, Defence, Railways, Mining, Aluminium and Auto half manufacturing and plenty of different crucial industries.

This acquisition strengthens and expands our crucial engineering products portfolio and enhances R&D capabilities in alloy mixing & metallic mixtures BFIL knowledgeable. It gives us distinctive energy in creating products from totally different alloys primarily based on Aluminum to Titanium which shall allow BIFL to develop its product providing to main progress industries for crucial engineering products and to additional seize the OEM market that we cater to throughout North America, Europe, Asia, and the Middle East areas.


Mansi Praharaj

About Author