Tenova has acquired a controlling interest of Integrated Industrial Systems Inc., a manufacturer of high-quality cold-rolling mills. The Yalesville, Conn.-based company, which is now named Tenova I2S and employs a workforce of 200, is an important addition to Tenova’s range of products. With rolling speeds from 10 to 1,500 mpm and a width range from 100 to 2,800 mm, Tenova I2S technology can be applied to carbon steel, stainless steel, copper-based alloys, silicon steel and specialty steel and alloys. It is also one of just five companies in the world licensed to supply Sendzimir mills, a technology for precision rolling of stainless steel strip.
This acquisition comes weeks after the setup of Tenova Multiform, a Mumbai manufacturer of strip processing lines and cold-rolling mills. Tenova I2S also develops process automation and control systems in-house.
Tenova Acquires Integrated Industrial Systems
June 5, 2009