PROFITProject ID: 724958
H2020-EU.2.3.1. - Mainstreaming SME support, especially through a dedicated instrument
H2020-EU.3.4. - SOCIETAL CHALLENGES - Smart, Green And Integrated Transport
Cost-effective high speed Production for Fasteners in Titanium for the automotive industry
Total cost:EUR 2 567 500
EU contribution:EUR 1 797 250
Topic(s):SMEInst-10-2016-2017 - Small business innovation research for Transport and Smart Cities Mobility
Call for proposal:H2020-SMEINST-2-2016-2017See other projects for this call
Funding scheme:SME-2 - SME instrument phase 2
Starting originally in 1950 with the manufacturing of titanium components for motorsports, we, POGGIPOLINI became official suppliers for the Formula One (Ferrari and McLaren) in the 80s, the aerospace industry in the 90s (Agusta helicopters) and finally the automotive industry in 2004 (Ferrari, Lamborghini, Bugatti, McLaren, Porsche and Fiat). Following a change in F1 technical regulations in 2009 limiting our production, we decided to reorient our strategy towards the aerospace and automotive industries. Today, we have become a recognized specialist in technical weight reduction solutions, critical components and structural fastening systems. With over 60 years of experience with titanium, aluminium, special alloys and composite, our full service capabilities range from engineering, R&D to system integration and final turnkey packaging using the most technological equipment and processes available. Currently, aerospace represent 40% of our business (total 2015 turnover > €11.6 million). Regarding automotive, thanks to the close relationship between the industries of motorsport and automotive, we have been able to develop a robust customer base for high end products and limited series. Nonetheless, this segment occupies only 26% of our total business.
With the ProFiT project and its revolutionary manufacturing process for titanium bolts, POGGIPOLINI will move from a semi-manual production (200,000 units / €13.5 production cost) towards a mass production process (potential up to 30 million units / < €5 production cost): the subsequent price reduction (> 60%) of the titanium bolts will allow us to expand our automotive market to general cars and by doing so increase our turnover by +€27 million by 2021.
EU contribution: EUR 1 797 250
VIA EMILIA 262
40068 SAN LAZZARO DI SAVENA BOLOGNA