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SMS Meer to Supply Open-Die Forging Press for Tiangong AIHE
09/24/2009 - SMS Meer signs agreement to supply a 45/50 MN open-die forging press to Tiangong AIHE Co. Ltd. in the Jiangsu province in China.
SMS Meer, Mönchengladbach, Germany, signed an agreement to supply a 45/50 MN open-die forging press to Tiangong AIHE Co. Ltd. in the province of Jiangsu, China.
Under this agreement, which was signed during the China/Jiangsu Forum in Düsseldorf, SMS Meer will supply a 45/50-MN open-die forging press to Tiangong AIHE Co. Ltd. in Danyang City, Jiangsu Province. Tiangong AIHE will use the press to process high-quality materials including tool steel, stainless steel and high-alloy materials as semi-finished products for various industrial applications. The press will operate with a press force of up to
40 MN and an upsetting force of 45 MN. The agreement represents a total volume of 20 million US-$.
The province of Jiangsu, which lies on the eastern Chinese coast, has around 76 million inhabitants. On behalf of the Chinese central government, the Jiangsu provincial government has established a national development program to further the economy and strengthen the infrastructure in the coastal region and in the Yangtse Delta. During the China/Jiangsu Forum, a high-ranking economic delegation met with representatives from German businesses in order to provide information on the development program and to enter into agreements with German firms.
The agreement between SMS Meer and the Jiangsu province was signed in the presence of the Vice-Governor of Jiangsu Province, Zhao Kezhi, and of the Minister for Economic Affairs of the State of North Rhine-Westphalia, Christa Thoben. The corresponding declaration was signed by Zhu Xiao Kun, President of Jiangsu Tiangong AIHE International, and Ulrich Vohskämper, Vice-President Hydraulic Presses Division at SMS Meer.
SMS Meer GmbH is a company of the SMS group, which is, under the holding SMS GmbH, a group of companies internationally active in plant construction and mechanical engineering for the steel and nonferrous metals industry. It comprises the two Business Areas SMS Siemag and SMS Meer. In 2008, some 8900 employees worldwide generated a turnover of more than EUR 3.6 billion.
