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Foundry Corporate News

14. June 2012



On March 1st 2012, IMF Group celebrated their 40th year anniversary and there was another fiesta in Luino for about 300 guests from the industry, suppliers, politics and science in June 2012.

The company was founded by President Gabriele Galante in 1972 and is now known all over the world for its high technological advancements and reputation with the most important foundry groups. IMF has greatly expanded its manufacturing program, thanks to the collaboration of two important brands, FOUNDRY AUTOMATION in the coremaking field and CARLO BANFI in the shot blasting area.

With nearly 500 employees, 4 production units in Italy, China, Brazil and Czech Republic, 3 representative offices in key-markets such as Russia, India and USA, the IMF GROUP has become a 'global partner' for all foundries. In the last 15 years, 90% of IMF production was exported in more than 25 countries worldwide.

The annual turnover developed really remarkable in the last years from 47 Mio € in 2007 to 67 Mio € in 2011 to expected 110 Mio € in 2012.

Gabriele Galante is currently the Honorary President of AMAFOND and President of CEMAFON since 1988. In this position, he created the concept of the International Foundry Forum (IFF), a meeting in which foundries come together with the largest casting buyers and suppliers. Galante`s interactive performance is based on the relationship of mutual respect with his stuff and his attention to the aspirations and needs of workers in order to create a steady development.

The IMF GROUP has organized significant events at its Headquarters in Luino, Italy to celebrate this important milestone for the company’s history - Congratulations.

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