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Teksid S.p.A. is an Italian company based in Carmagnola which specialises in the production of iron and castings for the automotive industry. Originally known as Ferriere Piemontesi, Teksid is owned by Stellantis, and was owned by its predecessors Fiat Chrysler Automobiles (2014-2020) and Fiat S.p.A. (1978-2014). The company was renamed Teksid in January 1978. In 1998, the French car manufacturer Renault merged its foundry business with Teksid, creating a change of ownership with a share 66.5%/33.5% to Fiat and Renault respectively. By 2013 Fiat grew its share to 84.8% and Renault retains 15.2%. The company owns seven plants (four in Europe, and one each in South America, Central America and China), and employs 7,000 persons. Teksid produces engine blocks, cylinder heads, engine components, transmission parts, gearboxes and suspensions. In 2012 the company reported total revenues of €780 million, down 15% over 2011. Teksid's products are used by various Stellantis companies, a ...
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Teksid Logo
Teksid S.p.A. is an Italian company based in Carmagnola which specialises in the production of iron and castings for the automotive industry. Originally known as Ferriere Piemontesi, Teksid is owned by Stellantis, and was owned by its predecessors Fiat Chrysler Automobiles (2014-2020) and Fiat S.p.A. (1978-2014). The company was renamed Teksid in January 1978. In 1998, the French car manufacturer Renault merged its foundry business with Teksid, creating a change of ownership with a share 66.5%/33.5% to Fiat and Renault respectively. By 2013 Fiat grew its share to 84.8% and Renault retains 15.2%. The company owns seven plants (four in Europe, and one each in South America, Central America and China), and employs 7,000 persons. Teksid produces engine blocks, cylinder heads, engine components, transmission parts, gearboxes and suspensions. In 2012 the company reported total revenues of €780 million, down 15% over 2011. Teksid's products are used by various Stellantis companies, a ...
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Ford Motor Company
Ford Motor Company (commonly known as Ford) is an American multinational automobile manufacturer headquartered in Dearborn, Michigan, United States. It was founded by Henry Ford and incorporated on June 16, 1903. The company sells automobiles and commercial vehicles under the Ford brand, and luxury cars under its Lincoln luxury brand. Ford also owns Brazilian SUV manufacturer Troller, an 8% stake in Aston Martin of the United Kingdom and a 32% stake in China's Jiangling Motors. It also has joint ventures in China (Changan Ford), Taiwan (Ford Lio Ho), Thailand ( AutoAlliance Thailand), and Turkey ( Ford Otosan). The company is listed on the New York Stock Exchange and is controlled by the Ford family; they have minority ownership but the majority of the voting power. Ford introduced methods for large-scale manufacturing of cars and large-scale management of an industrial workforce using elaborately engineered manufacturing sequences typified by moving assembly lines; by ...
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Manufacturing Companies Established In 1978
Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of secondary sector of the economy. The term may refer to a range of human activity, from handicraft to high-tech, but it is most commonly applied to industrial design, in which raw materials from the primary sector are transformed into finished goods on a large scale. Such goods may be sold to other manufacturers for the production of other more complex products (such as aircraft, household appliances, furniture, sports equipment or automobiles), or distributed via the tertiary industry to end users and consumers (usually through wholesalers, who in turn sell to retailers, who then sell them to individual customers). Manufacturing engineering is the field of engineering that designs and optimizes the manufacturing process, or the steps through which raw materials are transformed into a final product. T ...
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Steel Companies Of Italy
Steel is an alloy made up of iron with added carbon to improve its strength and fracture resistance compared to other forms of iron. Many other elements may be present or added. Stainless steels that are corrosion- and oxidation-resistant typically need an additional 11% chromium. Because of its high tensile strength and low cost, steel is used in buildings, infrastructure, tools, ships, trains, cars, machines, electrical appliances, weapons, and rockets. Iron is the base metal of steel. Depending on the temperature, it can take two crystalline forms (allotropic forms): body-centred cubic and face-centred cubic. The interaction of the allotropes of iron with the alloying elements, primarily carbon, gives steel and cast iron their range of unique properties. In pure iron, the crystal structure has relatively little resistance to the iron atoms slipping past one another, and so pure iron is quite ductile, or soft and easily formed. In steel, small amounts of carbon, other el ...
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Comau
Comau (''COnsorzio MAcchine Utensili'') is an Italian multinational company in the automation field based in Turin, Italy, and part of the automaker Stellantis. The company is present in 13 countries and employs 4,000 people and provides services, products and technologies for automotive industry, shipping industry, logistics, food and beverage industry, packaging, electrification, renewable energy and heavy industry. History Foundation Comau began in 1973 as the ''COnsorzio MAcchine Utensili''. It was formed by the same Torino-based engineers and companies that helped build the landmark Volga Automobile Plant in Russia. In 1977 it was later renamed Comau Finanziaria S.p.A. Growth and expansion In 1984, Comau Productivity Systems Inc. was formed. It started development of commercial and industrial activities in North America. Comau Finanziaria S.p.A. gained a majority interest iItaltech S.p.A. The following year, it acquired Berto Lamet, a sheet metal die producer, and U.T ...
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Riccardo Tarantini
Riccardo is a male given name, Italian version of Ricardo or Richard. It also may be a surname. It means "Powerful Leader". It may refer to: People A–L *Riccardo Antoniazzi (1853–1912), Italian violin maker *Riccardo Bacchelli (1891–1985), writer *Riccardo Barthelemy (1869–1955), Italian composer *Riccardo Bauer (1896–1982), Italian journalist and politician *Riccardo Bertazzolo (1903–1975), Italian boxer *Riccardo Billi (1906–1982), Italian film actor and comedian *Riccardo Bocchino (born 1988), Italian rugby union player *Riccardo Bonetto (born 1979), Italian football player *Riccardo Brengola (1917–2004), Italian violinist *Riccardo Broschi (1698–1795), composer, brother of famous castrato singer Carlo Broschi *Riccardo Burchielli (born 1975), Italian artist *Riccardo Calimani (born 1946), Italian writer and historian *Riccardo Campa (born 1967), Italian professor *Riccardo Campogiani (1990–2007), Swedish assault victim *Riccardo Carapellese (1922–1995), I ...
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Sergio Marchionne
Sergio Marchionne (; 17 June 1952 – 25 July 2018) was an Italian-Canadian businessman, widely known for his turnarounds of the automakers Fiat and Chrysler, his business acumen and his outspoken and often frank approach, especially when dealing with unpalatable issues related to his companies and the automotive industry. Marchionne was the chairman of CNH Industrial, the chief executive officer (CEO) of Fiat Chrysler Automobiles, the chairman and CEO of FCA US LLC, the chairman and CEO of Ferrari, and the chairman of Maserati. He was the chairman of Swiss-based SGS and vice chairman of UBS from 2008 to 2010, as well as the chairman of the European Automobile Manufacturers Association for 2012 (first elected in January 2006). He was a member of the Peterson Institute for International Economics, and the chairman of the Italian branch of the Council for the United States and Italy. Noted for his keen observations of the automotive industry, Marchionne's insights ranged from fr ...
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General Motors
The General Motors Company (GM) is an American Multinational corporation, multinational Automotive industry, automotive manufacturing company headquartered in Detroit, Michigan, United States. It is the largest automaker in the United States and was the largest in the world for 77 years before losing the top spot to Toyota in 2008. General Motors operates manufacturing plants in eight countries. Its four core automobile brands are Chevrolet, Buick, GMC (automobile), GMC, and Cadillac. It also holds interests in Chinese brands Wuling Motors and Baojun as well as DMAX (engines), DMAX via joint ventures. Additionally, GM also owns the BrightDrop delivery vehicle manufacturer, GM Defense, a namesake Defense vehicles division which produces military vehicles for the United States government and military; the vehicle safety, security, and information services provider OnStar; the auto parts company ACDelco, a GM Financial, namesake financial lending service; and majority ownership in t ...
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Cummins
Cummins Inc. is an American multinational corporation that designs, manufactures, and distributes engines, filtration, and power generation products. Cummins also services engines and related equipment, including fuel systems, controls, air handling, filtration, emission control, electrical power generation systems, and trucks. Headquartered in Columbus, Indiana, Cummins sells in approximately 190 countries and territories through a network of more than 600 company-owned and independent distributors and approximately 7,200 dealers. Cummins reported a net income of $2.13 billion on sales of $24.02 billion in 2021. History The Cummins Engine Company was founded in Columbus, Indiana, on February 3, 1919, by mechanic Clessie Cummins and banker William Glanton Irwin. The company focused on developing the diesel engine invented 20 years earlier, but despite several well-publicized endurance trials, it was not until 1933, that their Model H engine, used in small railroad s ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ...
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Renault
Groupe Renault ( , , , also known as the Renault Group in English; legally Renault S.A.) is a French multinational automobile manufacturer established in 1899. The company produces a range of cars and vans, and in the past has manufactured trucks, tractors, tanks, buses/coaches, aircraft and aircraft engines, and autorail vehicles. According to the Organisation Internationale des Constructeurs d'Automobiles, in 2016 Renault was the ninth biggest automaker in the world by production volume. By 2017, the Renault–Nissan–Mitsubishi Alliance had become the world's biggest seller of light vehicles. Headquartered in Boulogne-Billancourt, near Paris, the Renault group is made up of the namesake Renault marque and subsidiaries, Alpine, Renault Sport (Gordini), Automobile Dacia from Romania, and Renault Samsung Motors from South Korea. Renault has a 43.4% stake with several votes in Nissan of Japan, and used to have a 1.55% stake in Daimler AG of Germany, it was sold off in ...
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Fiat S
Fiat Automobiles S.p.A. (, , ; originally FIAT, it, Fabbrica Italiana Automobili di Torino, lit=Italian Automobiles Factory of Turin) is an Italian automobile manufacturer, formerly part of Fiat Chrysler Automobiles, and since 2021 a subsidiary of Stellantis through its Italian division Stellantis Italy. Fiat Automobiles was formed in January 2007 when Fiat S.p.A. reorganized its automobile business, and traces its history back to 1899 when the first Fiat automobile, the Fiat 4 HP, was produced. Fiat Automobiles is the largest automobile manufacturer in Italy. During its more than century-long history, it remained the largest automobile manufacturer in Europe and the third in the world after General Motors and Ford for over 20 years, until the car industry crisis in the late 1980s. In 2013, Fiat S.p.A. was the second largest European automaker by volumes produced and the seventh in the world, while FCA was the world's eighth-largest automaker. In 1970, Fiat Automobiles employ ...
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