HEROSLAM LAUNCHES INVESTMENT PLAN SUPPORTED BY BEAZ

Heroslam, an international leader in thread rolling solutions, continues to evolve technologically in product, manufacturing technologies and management systems. Proof of this is the ambitious
investment plan it is carrying out at its plant in Abanto-Zierbena, Basque Country, Spain.

Backed by the 3i Program from BEAZ, Heroslam faces three main lines of strategic action for 2020-2021. On the one hand, 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 enjoys an excellent international position.

The application of Lean Manufacturing and Industry 4.0 strategies will be aimed at improving the efficiency of the production process, increasing production capacity between 20% and 30% and shortening production lead-time and delivery times.

In the R&D chapter, Heroslam intends to increase its capacity to improve products, expand the range of tools that respond to a greater number of applications and explore new and disruptive technologies such as additive manufacturing and the application of new materials to stay at the forefront of the fastener industry. To do this, Heroslam is intensifying its research activity of new materials and coatings for thread rolling high-hardness parts, through collaboration with leading technology centers in the Basque Country.

The objective is to develop a new generation of threading tools that offer performance and durability improvements when thread rolling heat-treated parts or parts made of special materials such as titanium or inconel, among others.

The company 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.