TR Group drives revenues by strengthening automation and the use of green energy

TR Group, the historical manufacturing company from Abruzzo's Val di Sangro region and leader in the subcontracting of semi-finished plastic and metal products, has planned 30 million investments by 2026 to increase the production capacity of its subsidiaries TR Industrial and TR Manufacturing. Three lines of action are planned: to expand production space in order to cope with new orders; to increase the percentage of electricity consumption generated from renewable sources with respect to the energy mix used to meet total consumption, which will rise from the current 10% to 50%, accompanying the green policies that began 15 years ago with the ISO 14000 certification, which will take concrete form with the publication, in the coming weeks, of the first sustainability report; and to push even further on automation to become Industry 5.0: today 20 fully automated islands are operational and a new one is being set up with 12 cobots that will take care of the welding phases.

TR Industrial was established in the early 1990s in the Atessa industrial area on the initiative of founder Mario Tasso, a civil engineer with a passion for mechanics, who was joined over time by Roberto Ramondo, the company's current CEO. Initially operating in the fields of thermoforming and hot plastic moulding, the company gradually expanded its operations to sheet metal processing and painting. "We are suppliers of the large assembly chains," Ramondo emphasises, "to which we deliver finished products, which we process in-house: we select the materials, take care of cutting, bending, stamping and painting them. Our strength lies in being a unique supply chain and in having differentiated the business, with automotive representing less than 10% of our turnover. It is the process that characterises us'.

An industry for industry, in short, with 75 global brands served in the sectors of earth moving equipment, landing, refrigeration (among them Toyota, Cnh, Daikin) and 4,200 product codes. TR Manufactoring, on the other hand, stems from the complete reconversion of Mevepa Italy, which joined the group in 2018: 'It dealt with sheet metal stamping, while today it is an extension of the parent company,' explains the CEO, anticipating that 'soon there will be a merger between the two companies'.

The group's consolidated revenues in 2023 amount to EUR 64 million, an increase of about 29% compared to 2022 and an estimated further growth of 10% at year-end. Studio D'Incecco of Pescara, with the support of Group CFO Alfredo D'Angelo, assisted TR Industrial and TR Manufacturing as exclusive financial advisor, providing the drafting of the 2024-2026 industrial plan, the procurement of financial sources and the negotiation of credit lines to support the investment programme. It is a plan that has a particularly ambitious goal: to reach consolidated revenues of EUR 100 million as early as 2026, bolstered by two new production sites, one in Casoli and the other again in Atessa, which will be added to the current three, further improving the ESG indicators and increasing the number of human resources by 145, to reach 470 employees (today there are 325, with an average age of around 40). "Our three-year plan is not based on growth hypotheses, but on the solid orders we have already acquired and a strong rooting in the territory for a very long-term project," says Ramondo proudly.