Focus on Steel 2017 | Page 10

10 2015 2017 SCUDAS - A trademark with tradition in tooling domain SCUDAS tooling trademark is brought back to life by Proinvest Group. The SCUDAS Factory has reentered the profile market for special tools, devices and accessories for machine tools in April 2015, after its acquisition by Proinvest Group SRL. Immediately after the acquisition, the factory with a tradition of almost 40 years in making parts for machine tools has entered a extensive process of modernization and retehnologization, a budget of 10 million EUR being alocated with this purpose until 2020. Between April 2015 and December 2017, over 2 million EUR were invested in the renovation of administrative and production areas for new machinery acquisition s. Over the same period, the number of employees has increased from 60 people to 100 and we ’ ll have there at least 350 employees by 2020. In 2017, the SCUDAS tools were presented at various international exhibitions, including EMO, in Hanover, Germany, the world's largest profile exhibition. "We have been able to develop new products over the past 3 years, especially CNC tools and holders. We have strongly entered the market of cold plastic deformation tools. At the next edition of EMO we will be ready with new products", said Iulian Pavaloiu, Business Development Manager. The modernization project for SCUDAS has as deadline the end of 2020, with the focus now being put on factory retechnologization, acquisition of new machinery and product portfolio development.