Idra Group Explained

Idra Group
Image Alt:Bicycle in front of factory with Idra sign
Type:Private
Industry:Die casting
Founded: in Brescia, Italy
Founder:Adamo Pasotti
Hq Location City:Travagliato
Hq Location Country:Italy
Area Served:Worldwide
Key People:Riccardo Ferrario
Num Employees:161
Num Employees Year:2015
Revenue:€87 million
Revenue Year:2015

Idra Group (Idra S.r.l.; originally Idra Presse S.p.A.) is a manufacturer of die casting machinery, founded in 1946 in Brescia, Italy. The company is notable for producing the largest high-pressure die casting machines in the world.[1]

History

The company was originally founded by Adamo Pasotti in 1944 or 1946 with the factory located on via Triumplina in Brescia.

By 1956, Idra was seeking to export its die-casting machines outside Italy.[2]

By 1971, an Idra machine was being used to cast motor components weighing for Porsche cars.[3]

In March 2024, Riccardo Ferrario retired as general manager of Idra, with the role being taken over by John Stokes.[4] [5]

Hot years

During Italy's Years of Lead in the 1970s, Giovanni Maifredi worked at Idra as a warehouse worker, having been provided with a job without having any qualifications.Following the Piazza della Loggia bombing in Brescia on 28 May 1974, Idra factory workers organised a fifteen-day strike action and picket line outside the Idra factory.

Original site

The original factory site at via Triumplina 43 in the north of Brescia was developed into the Triumplina Retail Park, requiring construction of new roundabout junctions.

Ownership

, Idra was 30% owned by the Intesa Sanpaolo Bank, with 70% of the remaining shares acquired by, a company listed on the Hong Kong Stock Exchange.

For the year 2015, Idra employed 161 people, and had a turnover of, with a profit of .

By 2016, had acquired the remainder of the outstanding shares.

Development

In 2000, Idra filed a patent application for die casting machine designed to produce two separate castings simultaneously from a single injection of liquid metal.

Further reading

Notes and References

  1. Idra Thinks Big: Growth, New Strategies and an Order for the Largest Press in the World. Alluminio & Leghe. Mario. Conserva. 11 June 2019. 16 January 2022. PubliTec. en.
  2. 56. 20. Machinery: Italy. 12. 12 November 1956. 15 January 2022. Foreign Commerce Weekly. World trade leads. United States Department of Commerce. IDRA Costruzioni Idromeccaniche Bresciane (manufacturer, exporter), Via Triumplina 13, Brescia, wishes to export direct or through agent very good quality die-casting machines. Correspondence in Italian preferred.. University of Illinois
    Google Books
    .
  3. Web site: Pubblicità IDRA Costruzioni Idromeccaniche Bresciane. Advertisement of IDRA Costruzioni Idromeccaniche Brescia. 15 January 2022. January 1971. Fiera di Milano. 34. Fondazione Fiera Milano. it. Stampate di un semi-carter motore e di una scatola cambio velocità pressofuse in lega di magnesio su una macchina IDRA a camera fredda orizzontale tipo OL-1200 S..
  4. News: Management change at Idra Group. 2024-03-26. 2024-04-15. Foundry-Planet. Foundry Daily News. retirement of Riccardo Ferrario … On 31 March 2024, John Stokes takes over the role as General Manager ….
  5. IDRA announces that as of March 31 John Stokes will be stepping into the role of General Manager. Idra Group. 2024-04-12. 2024-04-15. Youtube. video.