New wearparts operation for thyssenkrupp

By integrating its forging operations in its components business area thyssenkrupp believes it has established one of the world’s biggest companies for this industry segment. The company has linked its operations at its sites in Europe, North and South America, India and China. The new business unit thyssenkrupp Forged Technologies has around 7,000 employees at 18 production sites and a broad distribution network in over 70 countries. The business unit has sales of over €1 billion and operates over 50
January 10, 2018 Read time: 2 mins

By integrating its forging operations in its components business area thyssenkrupp believes it has established one of the world’s biggest companies for this industry segment. The company has linked its operations at its sites in Europe, North and South America, India and China. The new business unit thyssenkrupp Forged Technologies has around 7,000 employees at 18 production sites and a broad distribution network in over 70 countries. The business unit has sales of over €1 billion and operates over 50 forging presses worldwide. The product portfolio includes forged and machined components and systems for the construction machinery sector. The integration is intended to take advantage of the synergies between the companies´ forging activities and to increase its market share.

"This is a strategic move that will allow us to serve our target markets in a much quicker and customized way. We want to reposition the company as a diversified supplier of components and systems solutions for a wide range of industries and markets. The combined capabilities enable new products to be developed and new customer segments to be explored," said Alexander Becker, CEO of the new Forged Technologies unit at thyssenkrupp.

Represented by the well-known Italian brand “2653 Berco”, thyssenkrupp Forged Technologies is one of the leading global manufacturers of rolling stock for heavy machinery. The products include track chains, rollers, idlers, drive sprockets and track shoes used in excavator and bulldozer undercarriages. Its systems and components serve both original equipment manufacturers (OEMs) and spare parts distributors.

The product range of Berco meets the request of an increasingly demanding market. From mining products to mini undercarriage and utilities to the complete track system solutions, thyssenkrupp Forged Technologies offers tailor-made products.

In line with the concept to offer more product value and to reduce the operating cost for the final end users, the company proposes a new range of sealed and lubricated track chains for bulldozers. Those products feature innovative seal material and design materials which improve the durability that leads to a lifetime improvement of up to 60% compared to traditional ones. The innovation is enhanced and completed by using dedicated extreme pressure lubricant, allowing operation at any ambient working temperature.

Engines, Components & Tyres

For more information on companies in this article

Related Content

  • Liebherr’s strong results hit record high
    April 4, 2019
    Liebherr has achieved a record turnover of €10.55 billion for 2018. This broke through the €10 billion barrier for the first time in the company’s history and represents an increase of €739 million, or 7.5 %, compared with the previous year’s turnover. This came despite a slight decline in overall economic growth. Both the construction machinery and mining equipment divisions recorded overall increases in sales revenues, as did the other product areas overall. Revenues from construction machinery and mini
    Read More
  • Wacker Neuson is reporting strong half year results
    August 6, 2019
    Wacker Neuson is reporting strong financial performance for the first half of 2019. The firm says that it continued on its growth path, with revenue climbing 15.2% compared with the same period in the previous year. Revenue hit €950.7 million compared with €825.1 million for the first half of 2019. “The first half of the year showed us once again that our solutions meet the needs of our customers,” explained Martin Lehner, CEO of Wacker Neuson SE. “We gained shares in numerous markets, driven largely by our
    Read More
  • Wacker Neuson sees business growth with strong results
    November 10, 2017
    The Wacker Neuson Group is reporting a strong third quarter performance for 2017. The company’s latest results reveal a marked increase in revenue and earnings and says it remains positive about the fourth quarter of 2017. Wacker Neuson says it expects its revenue and earnings forecast for the current fiscal year to come in at the higher end of previous forecasts. The Wacker Neuson Group reported revenue of € 378.7 million for the third quarter of 2017. This corresponds to an increase of 20% over the €315.
    Read More
  • British Steel is offering an expanded and improved wearpart range
    April 10, 2018
    British Steel’s Special Profiles business is now offering new roll design services. The company has a broad range of bespoke earthmoving and materials handling products, which are designed to offer extended service life, high surface quality and greater efficiency. The latest Track Shoe Profiles benefit from improved manufacturing processes and offer better performance with heavy equipment. The units are available in a range of sizes including long-length single grousers. Meanwhile the Cutting Edge Profiles
    Read More

Highlighted Content