Trifast invests to increase its European manufacturing capacity 21 March 2022

International fastener specialist TR VIC SpA, part of the Trifast plc group of companies, has once again benefited from a significant investment at its manufacturing site in central Italy.

In expanding the TR Viterie Italia Centrale (TR VIC SpA) site in Fossato Di Vico in Umbria, Trifast is further increasing its capacity to meet the growing European white goods market. It has experienced unprecedented demand, which has been fuelled by the increase in consumer driven home improvements during Covid-19 – that shows no signs of abating. 

The investment is largely focused on securing new machinery at the site, all locally sourced from Italian manufacturers, and this will increase the production capacity by some 33%. It builds on an earlier move back in January 2021 to implement additional multi-station cold forming machinery in its heading section. This will result in the ability to produce an additional 500 million pieces annually over the next 12 months.

Andrew Nuttall, European managing director of TR Fastenings, said: “The order book has increased dramatically over the past two years. As more people work from home, they are investing in their domestic appliances and not spending so much on holidays, etc, and instead enhancing their home environment. This means that the demand for white goods has significantly increased. Our major customers want to see shorter and more agile supply chains. The lead times out of Asia have increased significantly during Covid and freight costs and container issues has meant that we had to react and onshore more product. This investment strategy allows us to better meet our customer needs, now and for the future.”

Stefano Pisoni, managing director of TR VIC SpA, said: “This investment represents a huge step forwards for our capability to meet growing demand. The site was operating at 130% of its capacity putting a strain on the workforce to meet customers’ demands. We are now embarking on the first steps, not only to futureproof our group against supply chain disruption, but also to ensure we continue to meet the demands of our customers.” 

 

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