Heroslam to launch a €3-Million investment plan with the support of BEAZ
Heroslam, an international leader in thread rolling solutions, continues to evolve technologically when it comes to product and manufacturing technologies, as well as and management systems. Proof of this is the ambitious investment plan the company is carrying out at its plant in Abanto-Zierbena, Spain.
Backed by the “3i Program” that BEAZ promotes in the Basque Country, Heroslam has set up three main lines of strategic action for 2020-2021. Firstly, the company is planning to increase the production capacity of thread rolling tools by acquiring new and state-of-the-art machinery that allows them to absorb the growing demand of their clients in sectors as demanding as automotive, aerospace and energy, in which Heroslam boasts an excellent international position.
Secondly, Heroslam will focus on the application of Lean Manufacturing and Industry 4.0 strategies aimed at improving the process efficiency, further increasing production capacity (between 20% and 30%) and shortening production lead-time and delivery times.
Last but not least, a share of the investments will be allocated to R&D department. Heroslam aims at improving its products, expand the range of tools, and explore new and disruptive technologies - such as additive manufacturing - to stay at the forefront of the fastener industry. With this in mind, the company is cooperating with leading research centers in the region to test innovative materials and coatings for the thread rolling of high-hardness parts.
The objective is to develop a new generation of threading tools that offer performance and durability improvements when thread rolling heat-treated parts or components made of special materials such as titanium or inconel, among others.
Heroslam also plans to continue with their business diversification strategy, both geographically and industry-wise, doubling its commitment to high-demanding sectors and betting on new markets with increasing potential such as China, Taiwan, Korea, Canada, Brazil, or Russia.