Marcegaglia invests in Italian operations despite challenging market

Marcegaglia is allocating €364 million ($415m) towards its Italian operations as part of a strategic investment plan backed by the Emilia Romagna region, according to a company source who spoke with Kallanish.

The allocation of capital is expected to enhance operational performance, boost efficiency, foster innovation, and decrease carbon emissions. Approximately €278m has been earmarked for the Ravenna facility situated in Emilia Romagna, while €20m is allocated for research and development initiatives.

The investments aim to maximise production efficiency, while simultaneously improving environmental sustainability. The focus will be on optimising the use of renewable energy sources, circular economy, and enhancing the automation of logistics and goods handling operations.

“Despite a period of great uncertainty, we have nevertheless decided to carry forward a substantial investment plan that mainly concerns three of our most strategic plants: Gazoldo degli Ippoliti, San Giorgio di Nogaro and, indeed, Ravenna”, Emma and Antonio Marcegaglia stated during a meeting with Emilia Romagna region president Michele de Pascale last week.

The Ravenna site, the main beneficiary of the investment, represents the group’s largest production plant and the most important logistics and intermodal hub for all industrial and commercial activities.

Marcegaglia is also enhancing product quality in Ravenna by implementing a smart quality management system. Called Eyeron, the solution, developed by French equipment maker Fives, monitors every stage of the production process, records quality incidents, and gathers production data throughout the workshops.

Natalia Capra France