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Annual report 2009 - Siempelkamp

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Metal forming – market development<br />

Despite the fi nancial crisis we recorded a positive level of orders in <strong>2009</strong>. A slight anti-cyclical trend<br />

became apparent in the metal sector with a stable growth primarily in the following areas:<br />

aviation business – Structural & Engines<br />

power generation<br />

transport<br />

At the beginning of February <strong>2009</strong>, the metal forming unit recorded the receipt of the fi rst installment<br />

for the large press order from Alcoa. Through a modifi cation, the 50,000 t (55,116 US tons) press<br />

in Cleveland, Ohio will be the most state-of-the-art and effi cient forming press in its class. We are<br />

contributing the engineering and the cast components to this project. The scope of supply consists<br />

of 14 large cast parts for the upper, lower and moving beams, as well as the foundation stands.<br />

Ten of these castings weigh between 200 and 250 t each (220 and 275 US tons). As the world’s<br />

only manufacturer with the knowledge to design presses of this magnitude and the ability to<br />

produce castings of this size, <strong>Siempelkamp</strong> received the order.<br />

Within the framework of the order, <strong>Siempelkamp</strong> analyzed the design from the 1950s, carried out<br />

calculations according to the Finite Element Method and optimized the construction according to<br />

the latest technology and a given maximum component part weight. Here, the effectiveness of the<br />

Group’s internal resources including the areas of design, calculations, engineering, and casting<br />

pro cesses became apparent. These resources provide customers with a high degree of quality<br />

assurance and fl exibility.<br />

Shortly thereafter we received an order from China for an open-die forging press for the production<br />

of forgings made of carbon steel, stainless steel, and titanium alloys as a pre-product for subsequent<br />

processes. This order proves that our focus on the so-called BRIC countries has been<br />

successful.<br />

Between March and September the economic crisis peaked. Several promising projects were<br />

canceled. Financially sound companies, however, made use of the drastically decreased prices for<br />

steel by investing. Thus, we were able to obtain the order for a complete forging line from a French<br />

manufacturer in October <strong>2009</strong>. This line manufactures semi-fi nished parts for airplane components.<br />

In November <strong>2009</strong> we received an order from India for a side member press. <strong>Siempelkamp</strong> has<br />

supplied this type of press already three times to India which demonstrates our market leadership<br />

position in this area.<br />

<strong>Siempelkamp</strong><br />

Business development<br />

Complete forging line<br />

14 15

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