Two leading specialists in chipless metal forming have signed a joint venture agreement: the European company WF Maschinenbau and its U.S. joint venture partner MJC Engineering. The joint venture partners specialize in custom built and standard machines for automotive, aerospace, defense, and energy applications. The partners sell and service their machines worldwide and both have many decades of experience in their respective business. Customers of both companies are expected to benefit from the resulting technologically advanced, precise, and tailor-made solutions that meet their highest manufacturing requirements. The joint venture focuses on: A. The research, development and improvement of machine production B. The further development of the software suits running their machines C. Energy savings and noise reduction in hydraulic systems D. Cost reduction and improving customer service "This joint venture between WF Maschinenbau and MJC Engineering ensures that our expertise in chipless metal forming benefits customers across various industries worldwide," explains Christophe Permantier, CEO of the mpool group. Carl Lorentzen, Chairman of MJC Engineering, adds: “By combining our efforts in these areas, we are creating a powerhouse of engineering excellence which will push the boundaries of metal forming technology, improving efficiency, sustainability and performance”. The combined expertise of both companies significantly accelerates innovation and advances the development of sustainable, environmentally friendly solutions. In particular, ecological aspects will play a central role in the future of hydraulic systems, helping to revolutionize the industry with energy-efficient and resource-saving applications. "The joint venture strengthens our innovation capacity and expands our portfolio with crucial, future-oriented solutions in chipless metal forming," says Christian Malkemper, CEO of WF Maschinenbau. Both companies will remain independent legal entities. Further growth is expected at both partners, leading to additional job creation and reinforcing their international presence.