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Metal forming joint venture agreement cover Europe and North America

Vari-Form : 16 September, 2013  (Company News)
Vari-Form and EMARC SpA of Piemonte, Italy, have announced a joint venture agreement, whereby both companies will offer hydroforming, roll forming and aluminium stretch bending in both their local markets. The target market is automotive OEMs and Tier One suppliers worldwide.
Metal  forming joint venture agreement cover Europe and North America
Vari-Form, the North American participant, will establish a manufacturing presence in Europe, focusing on growing hydroforming business. EMARC, the Italian participant, will locate a manufacturing operation in North America, expanding roll forming and stretch bending business there for steel and aluminium components.
The joint venture will therefore bring new yet proven lightweighting technologies to Europe and North America, for reducing vehicle weight while maintaining structural performance. Both companies manufacture parts with the gauge, form and strength needed to produce vehicles that deliver increased fuel efficiency.
Vari-Form is headquartered in Troy, Michigan, and originated the concept and application of hydroforming body, chassis and other automotive structural parts. Among its many industry-leading accomplishments, the company produces frame rails for the 2014 Corvette Stingray, helping deliver classic Corvette handling and improved mileage from this American icon.
Founded in 1978, EMARC SpA, headquartered at Vinovo, in the Torino area of Italy, produces steel roll-formed structural parts and aluminium and steel stretch-bent components and assemblies for the automotive and commercial vehicle industries. The company currently employs over 700 people and has thirteen production facilities in Italy, France, Turkey, South America, China, India and Eastern Europe. Systems and components include doors, automatic door systems, structural modules and body structure parts.
"The inherent advantages of the Vari-Form hydroforming and EMARC processes can now deliver significant benefits to car makers. Each company will offer technologies within easy reach of automotive OEMs," said Vari-Form President Stephen Dow.
Pietro Passone, founder and chairman of EMARC Group, stated, "This agreement represents an essential step forward in the growth plans of both companies. Global vehicle manufacturers can benefit from the technologies we offer. Experience has shown that, once our products and processes are integrated into the manufacturing plans of car makers, everyone realises a significant financial advantage."
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