TSP to issue its first Minibond: new modern and green production hub in the pipeline

Trafilerie San Paolo S.r.l, an Italy-based company with over half a century of experience in the cold drawing sector, has issued its first Minibond of €2 million, guaranteed by the European Investment Fund.

Thanks to this huge operation, the company, currently run by the Roda family, will continue the development of the new 40,000-square-meter production hub in Molteno (LC, Italy), moving over the entire production of the Group's three wire drawing mills - TSP, Meal, and Gerosa - by the end of 2023, which will help optimize activities and significantly reduce costs.

The new hub will feature many upcoming innovations, such as a new completely green pickling system, new annealing furnaces with reduced energy consumption, and sandblasting treatment for a shorter process time. Moreover, all lines will be robotic and computerized, ensuring a higher level of safety.

Stay tuned for more updates!

Trafilerie San Paolo manufactures drawn, peeled, and rolled steel coils worldwide, either raw or annealed, with or without phosphating and polymerization, in diameters from 2.00 to 42.00 mm. The Italy-based company distributes its products worldwide to customers in a wide range of industries, namely automotive, construction, railway, oil & gas, aerospace, and so on.