We have taken another step towards quicker lead times for custom made plates and components. Our daughter company Ravne Steel Center set up its second facility right next to Oromet. With this strategic step, we have created a tool steel stock and cutting facility next door to our key machining daughter company.
The facility was was up and running in June 2021, with a 1.000t stock of tool steel and 8 saws. This way, our key machining centre will have an assured constant supply of tool steel. This will eliminate a number of deliveries from various locations, making the supply of tool steel more reliable for OROMET.
On another hand, this was also a strategic step towards further shortening the lead times for CNC machined components and machined plates delivered by OROMET.