By acquiring Nantong Rising Machinery Manufacturing Co., Ltd
The Safe Metal Division is pursuing its strategy of growth and value integration by acquiring Nantong Rising Machinery Manufacturing Co., Ltd, a steel foundry with a capacity of 20,000 tonnes, autonomous in machining.
A site combining experience and efficiency for global markets
This production site in Nantong (China) combines decades of technical expertise with the efficiency of a modern facility inaugurated in 2016. Equipped with 3 greensand and chemical hardening plants, Nantong Rising Machinery Manufacturing Co., Ltd, supplies the world’s railway, earthmoving and trucks markets. This acquisition will enable the Division to improve its productivity and strengthen its business development internationally.
Safe Metal adopts a growth strategy for itself and its customers
Safe Metal, a global specialist in cast steel products, is expanding and enhancing its foundry and machining capacity to support its customers’ growth. Through this acquisition, it also increases the number of its customers in rail freight and trucks, two strategic sectors for cast steel.
With this initiative, the Safe Group reaffirms its entrepreneurial culture aimed at building the industry of the future through an increasingly comprehensive and competitive value proposition.
