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Marcegaglia

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Marcegaglia

Marcegaglia (Italian pronunciation: [martʃeˈɡaʎʎa]) is an Italian corporation founded in 1959 by Steno Marcegaglia, operating in the European and worldwide steel market.

The story of the Marcegaglia Group began in 1959 in Italy, when Steno Marcegaglia, not quite thirty, together with a partner, through Marcegaglia-Caraffini of Gazoldo degli Ippoliti (Mantua), took over an artisan company producing irrigation pipes and metal guides for rolling shutters.

Four years later, in Contino di Volta Mantovana, a company named IPAS was established to manufacture round and flat drawn products with some ten employees. Meanwhile, in the Gazoldo degli Ippoliti factory, where around 30 employees were already working on the production of open profiles, the first tubes from cold-rolled strip were beginning to be manufactured.

From 1963 onwards the production activities of these small companies were enhanced and extended with timely, constant investments. And in 1969 a new rolling mill was purchased for the manufacture of cold-rolled strip.

In 1974 the Gazoldo degli Ippoliti establishment had over 250,000 square metres of industrial sheds. The production range was diversified and complemented with the addition of tubes from hot-rolled strip.

In 1978 the Marcegaglia Group drove its industrial activities further forward through a programme of acquisition of depressed companies, which were then reorganised and made competitive in the various sectors in which they were operating.

In 1982, when the overall number of employees had already reached 640, the second largest establishment in the group was founded in Casalmaggiore, equipped with technologically advanced installations made by "Oto Mills" of Boretto (Reggio Emilia). This company, acquired in partnership with other partners in 1979, would have a key role in the technical innovation of all the production plants of the Group.

In 1983, three new companies were acquired: Lombarda Tubi of Lomagna (Lecco), Saom of Boltiere (Bergamo) and Trisider of Tezze (Vicenza). By 1983 the overall “made in Marcegaglia” turnover had risen to the equivalent of 175 million euros and the workforce exceeded 860 employees. The group of companies continued to be personally overseen by Steno Marcegaglia, together with his wife Palmira Bazzani, joined subsequently by their son and daughter Antonio and Emma. In 1984, an internal restructuring plan redefined the character of the group. Former Metallurgica Marcegaglia, former Ipas and former Tubi Acciaio were merged in the newly established Marcegaglia Spa. Lombarda Tubi incorporated the former Saom, whilst Trisider and Oto Mills maintained their corporate autonomy in the distribution and engineering sector.

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