machinehead61
Titanium
- Joined
- Feb 8, 2004
- Location
- Rochelle,IL,USA
In April of 2003 Ingersoll Machine Tools filed Chapter 11 bankruptcy. In August 2003, Tino Oldani and his financial backers, Italy-based Camozzi Group, bought the company. Now see what they are up to:
Massive Mold Winging Way to Japan
By Alex Gary
April 26, 2006
Rockford Register Star
Rockford - Workers at Ingersoll Machine Tools Inc. have finished what company President Tino Oldani believes is the largest single piece of equipment ever manufactured.
Ingersoll is shipping the piece, a wing mold, to Mitsubishi, the Japanese manufacturer that is making the wings for the new Boeing 7E7 Dreamliner. The mold is 110 feet long, 23 feet wide and weighs about 154,850 pounds. The manufacturing process took about 15 days. The whole process, including the welding, took three months.
In 2005, Ingersoll hired Scandroli Construction CO. of Rockford to build a 40,000-square-foot, $8.5 million addition to Ingersoll’s 500,000-square-foot factory at 707 Fulton Ave. just to house the machine neede to make the mold.
Oldani said Ingersoll, which employs about 340, will build two more of the wing molds in 2006 and also will build similar molds for Airbus, Boeing’s main rival in the airplane-building business.
Several other local companies have contracts for the Dreamliner, which total more than $6 billion. They include Woodward Governor Co. of Loves Park, Monogram Systems of Machesney Park and Rockford’s Hamilton Sundstrand.
A big round of applause for Mr. Oldani. To see the new mill used to make the mold go to:
http://www.ingersoll.com/
Steve
Massive Mold Winging Way to Japan
By Alex Gary
April 26, 2006
Rockford Register Star
Rockford - Workers at Ingersoll Machine Tools Inc. have finished what company President Tino Oldani believes is the largest single piece of equipment ever manufactured.
Ingersoll is shipping the piece, a wing mold, to Mitsubishi, the Japanese manufacturer that is making the wings for the new Boeing 7E7 Dreamliner. The mold is 110 feet long, 23 feet wide and weighs about 154,850 pounds. The manufacturing process took about 15 days. The whole process, including the welding, took three months.
In 2005, Ingersoll hired Scandroli Construction CO. of Rockford to build a 40,000-square-foot, $8.5 million addition to Ingersoll’s 500,000-square-foot factory at 707 Fulton Ave. just to house the machine neede to make the mold.
Oldani said Ingersoll, which employs about 340, will build two more of the wing molds in 2006 and also will build similar molds for Airbus, Boeing’s main rival in the airplane-building business.
Several other local companies have contracts for the Dreamliner, which total more than $6 billion. They include Woodward Governor Co. of Loves Park, Monogram Systems of Machesney Park and Rockford’s Hamilton Sundstrand.
A big round of applause for Mr. Oldani. To see the new mill used to make the mold go to:
http://www.ingersoll.com/
Steve