The Idra Group will supply Magna International with three large diecasting machines for new operations it is developing, one in Michigan and another in China. The Italian machine builder, which develops CNC machining technology as well as hot-chamber and cold-chamber diecasting installations, reported it has an order for two 4,400-metric ton cold-chamber diecasting machines for the Michigan project, and a 2.400-mt machine for the project in China.
The value and timing of the two contracts was not reported.
In January, Magna’s subsidiary Cosma International Inc. announced plans to open a plant in Battle Creek, MI, with a reported investment of up to $162 million. Cosma Casting Michigan will produce automotive casting components and systems, employing nearly 600. The Michigan Business Development Program issued a $1.6-million performance-based grant for the project, and the city of Battle Creek has offered property tax abatements.
The company is refurbishing a plant built for a solar-panel manufacturer, but never occupied. Reportedly, the building will be ready for occupation by the end of 2013.
Details of the Chinese development were not available.
Cosma International produces automotive structural and chassis components and systems, including light truck and SUV frames, suspension modules, and complete body-in-white systems.
In addition to the primary diecasting machines, Idra Group noted in its statement that other machines would be ordered and installed to meet Magna’s capacity requirements. The company previously supplied five diecasting machines for Magna’s Soest, Germany, plant, which are producing aluminum automotive structural parts.
“We won this order because of our superior technology and service,” stated Idra Group general manager Riccardo Ferrario, speaking of the new contracts.
“Our OLS machines are the best choice for structural part production,” he continued. “We know what the foundry needs: powerful and reliable injection with proven repeatability combined with second-phase speed over 10 m/sec are fundamental to make good parts with high OEE (overall equipment effectiveness) — and our machines have it.“
Idra Group’s OLS series cold-chamber machines range in clamping force from 420 to 4,000 metric tons. They are in operation producing parts in a range of aluminum and magnesium alloys, with extremely rigid closing capability, with fast and powerful injection thanks to latest-generation proportional valves and hydraulic systems.