Manufacturing conglomerate ThyssenKrupp AG is reconfiguring its global forging operations into a single business, comprising the Forging & Machining and Undercarriages businesses. The former produces closed-die forged components for automotive and construction machinery and general engineering applications. The latter manufactures closed-die forged undercarriage parts for mini-excavators and excavators, bulldozers, and earthmovers.

The new business — styled as thyssenkrupp Forged Technologies — has 16 plants Brazil, China, Germany, India, Italy, Mexico, the U.K., and the U.S., with more than 50 forging presses in total. It has a global distribution network, and about 7,000 employees. The U.S. plants at Danville and Veedersburg, IL, produce forged and machined crankshafts. A plant in Waukesha, WI, produces undercarriage parts.