Teksid S.p.A. is an Italian company based in Carmagnola specialized in the production of iron, aluminum and magnesium castings for the automotive industry. Originally known as Ferriere Piemontesi, today Teksid is 100% owned by

Stellantis Stellantis N.V. is a multinational automaker formed in 2021 through the Mergers and acquisitions, merger of the Italian–American conglomerate Fiat Chrysler Automobiles (FCA) and the French PSA Group, PSA (Peugeot S.A.) Group. The company's hea ...

, and was owned by its predecessors

Fiat Chrysler Automobiles Fiat Chrysler Automobiles N.V. (FCA), now part of Stellantis, was an Italian-American multinational corporation primarily known as a manufacturer of Car, automobiles, commercial vehicles, List of auto parts, auto parts and production systems. ...

(2014-2020) and Fiat S.p.A. (1978-2014). The company was renamed Teksid in January 1978. In 1998, the French car manufacturer

Renault Renault S.A., commonly referred to as Groupe Renault ( , , , also known as the Renault Group in English), is a French Multinational corporation, multinational Automotive industry, automobile manufacturer established in 1899. The company curr ...

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 five plants (three in Europe, and one each in South America and China), and employs 3,500 persons. Teksid produces engine blocks, cylinder heads, engine components, transmission parts, gearboxes and suspensions. Teksid's products are used by various Stellantis companies, and also sold to third-party companies.

Joint ventures

In China, Teksid has a 50% ownership of Hua Dong Teksid Automotive Foundry Co. Ltd.

References

External links

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HD Teksid (Chinese JV)
{{Stellantis Stellantis Steel companies of Italy Manufacturing companies established in 1978 Italian companies established in 1978 Italian brands