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Forsz Ltd.

Hungarian-owned Forsz Ltd. manufactures special, high precision custom-made cutting tools for machining, automotive and energy sectors from tungsten carbide and high speed steel. Ltd. performs tool re-sharpening and maintenance in high quality as well. Its main customers are both domestic and multinational companies (General Electric, MAG, Nemak, HAUNI, Matro Ltd. etc.). The quality of its products and services is guaran- teed by the highly trained and experienced staff and the modern technology. With its outstanding professional activity Forsz Ltd. reached market leading position in South West Hungarian region in the past 25 years.

Products:

Design and manufacture of standard or custom-made cutting tools from tungsten carbide and high speed steel:

  • Twist drill
  • End mills, profile mills
  • Counterbores
  • Reamers
  • Indexable insert tools
  • Stepped and custom profile tools
  • Lathe knives
  • Cutter discs
  • Profiling of standard tools according to customer’s demands

Services:

  • Re-sharpening, maintenance and coating of all kind of cutting tools

Know-how and technologies:

CNC tool grinding machines, 3D Tool Designer Program, CNC and shadow-projector measuring machines and microscopes, laser engraving.

Year of establishment: 1992

Number of employees: 20

Quality management system: MSZ EN ISO 9001:1996

Annual turnover: 1,533 M EUR

Customers, references:

Multinational car component manufacturers, machine manufacturers, tool and equipment manufacturers, and domestic machine and component manufacturers.

Corporate developments:

  • New site investment and site development investments for 130 M Ft
  • Tangible goods investment (CNC grinding machine, NC measuring machine, laser engraving machine, CNC tool grinder, controlled induction soldering equipment) for 160 M Ft
  • Development of ERP system for HUF 5 million
  • Purchase of mechanical engineering software 3 M HUF
  • In 2023, an investment of around 375k EUR was made in technology development, with the purchase of 1 piece of projection grinding wheel profile control equipment and 1 piece of CNC robot, laser and measuring projection production equipment. The aim of the development is to manufacture tools with complex geo- metries, which, when used in component manufacturing technology, can result in significant cost savings for our partners and maintain a competitive advantage by reducing production