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Cost-effective high speed Production for Fasteners in Titanium for the automotive industry

Objective

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 (Augusta helicopters) and finally the automotive industry in 2004 (Ferrari, Lamborghini, Bugatti, McLaren and Porsche). Following a change in F1 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 54% of our business (total turnover > €8 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 21% 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 / < €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 triple our turnover by 2020.

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Topic(s)

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Funding Scheme

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SME-1 - SME instrument phase 1

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Call for proposal

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(opens in new window) H2020-SMEInst-2014-2015

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Coordinator

POGGIPOLINI SRL
Net EU contribution

Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.

€ 50 000,00
Address
VIA EMILIA 262
40068 SAN LAZZARO DI SAVENA BOLOGNA
Italy

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SME

The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.

Yes
Region
Nord-Est Emilia-Romagna Bologna
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
Links
Total cost

The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.

€ 71 429,00
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