Farinia Group in the news

Setforge, a forged and machined automotive components specialist with 200M€ turnover, is consolidating its shareholding a decade after Farinia's takeover.

The aluminum forging market is projected to grow from USD 26.4 billion in 2026 to USD 33.6 billion by 2030, driven by demand for lightweight materials in automotive and aerospace industries.

Setforge Bouzonville has regained profitability, doubled revenue, and is investing heavily in modernization and decarbonization while expanding its metal forging capabilities and markets.

Setforge, a subsidiary of Farinia Group, partnered with 9T Labs to integrate carbon fiber-reinforced polymers for lightweight suspension components, reducing weight by 67% and streamlining production processes.

Setforge, part of Farinia Group, supplies Tesla with forged wheel parts for electric trucks, is in talks with SpaceX, and is investing in decarbonization while maintaining high-quality forging operations in France.

Setforge, part of Farinia Group, has diversified its forging activities and is aggressively pursuing carbon neutrality by 2050 through major investments in energy-efficient technologies and sustainability initiatives.

Setforge, a subsidiary of Farinia Group, has acquired Manoir Bouzonville, committing to investment and retaining a majority of its employees, while other Manoir Industries sites also underwent various resolutions.

Farinia Group is scaling through digital factory transformation, decentralized innovation budgets, and internal training academies to solve the technical talent shortage.

PSA is strongly displeased with Farinia and its CEO, with full details available only to subscribers.

Peugeot Japy Valentigney, a gearbox component maker, filed for bankruptcy due to Covid-19 but is preparing for a takeover to continue operations, with strong ties to PSA.

Peugeot Japy Valentigney, a gearbox component manufacturer, went bankrupt due to COVID-19 after two years under Farinia Group's management, but a recovery plan is underway.

Bpifrance is reinvesting in Farinia's Setforge subsidiary to support its development and expansion into new markets.

Bpifrance is reinforcing its financial support to Farinia's forging subsidiary Setforge to help it grow and diversify beyond automotive components.

The report analyzes the global Open Die Forgings Market from 2019 to 2025, detailing key players, product segments, applications, and regional trends to support strategic business decisions.

Vryhof selected FMGC to provide clump weights for the WindFloat Atlantic floating wind project offshore Portugal, where FMGC will design, validate, and manufacture the components.

Peugeot Japy, acquired by Farinia Group, is experiencing positive growth and hiring new employees in Valentigney.

FMGC is testing cast iron ballast shells for subsea power cable protection and stability at an offshore site in France.

Farinia Group has finalized the acquisition of Peugeot Japy, securing the majority of jobs and industrial capacity at the Valentigney site.

Farinia Group has acquired Peugeot Japy from Groupe Maike, reducing layoffs to 28 while maintaining many temporary workers, as part of a broader restructuring involving over 120 job cuts.

Farinia Group takes over the automotive supplier Peugeot Japy, saving most jobs after a period of judicial restructuring.