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1948
1948

Mario Magnetto (1919-2002) founded MAFEM (Materiali Ferrosi Edili & Meccanici) in Turin, which dealt with the processing and trade of sheet metal. The company had two employees besides the owner and his wife, Anna Reinaudo, who dealt with administration.

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1953 - 1956
1953 - 1956

Activities began as a Service Centre for the trade and processing of coils for the leading manufacturers of household appliances. Personnel grew from 22 to 38. The main Supplier was the Italsider-Ilva Group.

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1969
1969

The Caselette plant (near Turin) began production and C.L.N. Spa was established (C-coils, L-lamiere, steel sheet and N-nastri, strips), to transform coils into flat and strip steel components.

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1970 - 1990
1970 - 1990

In the early 70s contracts were underwritten with Japanese and French Groups for the supply of hot rolled coils and flat sheets for industry. Mr. Mario Magnetto made important acquisitions in Italy in the business of stamping vehicle components and panels and the Company M.A.C. Metallurgica Assemblaggi Carpenterie Spa was established.

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1990 - 1996
1990 - 1996

The Group began to play an active role in large company outsourcing and established new production units in the sheet metal pressing business. In 1996 C.L.N. opened a new plant in Alpignano-Turin, and began intense purchasing and acquisition activities in the Italian steel wheel business.

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1996 - 2006
1996 - 2006

The CLN Group invested heavily in new forged steel wheel production plants and strategic acquisitions in Europe, South America and South Africa. In 2002 employees at the MA Division totalled 3,900, while MW became the leading European producer of steel wheels with a 1,800 strong workforce.

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2006 - 2012
2006 - 2012

Development continued, harmonising the need to consolidate the Group integrating strategic alliances, facilitating competition in a global market based on maximum flexibility and the ability to rapidly adapt. During 2011 - 2012 a number of production realities were reorganized and centralised, new acquisitions were made in South Africa and Japan and new Joint Ventures were signed; in Serbia (2011), between MA and PROMA - regarding the construction of an automotive components stamping plant in Kragujevac, close to the new FIAT plant- and in Aydin, Turkey between MW and JANTSA – regarding a steel wheels manufacturing site dedicated to passenger cars, buses and trucks. In 2012 two joint ventures were signed in China, by MW with Shanghai Baosteel regarding the steel wheel production unit in Chongqing and by MA with Beijing Shougang regarding an automotive components production plant in Beijing.

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