A success Story
Carraro Drive Tech has its roots in the deepest history of Carraro, the one of a multinational group, which, by the means of strategies hinged on diversification, innovation and internationalization, has become a world leader in power transmission systems business.
Carraro was born in 1932 and initially focused on the production of agricultural seeders in an inter-regional market. In the 1950s, the company entered the agricultural tractor sector with the production of the first ‘Tre Cavallini’ branded tractor in 1958.
In the 1970s and 1980s, Carraro experienced a growth spurt with the development of core business activities and the progressive decentralisation of production. In the years that followed, the activities associated to this division turned into the company's core business - so successful, in fact, that by 1985, Carraro had become the world leader in that market, with over 100,000 axles sold.
The 1990s were a period of change for the Group, which was launching its internationalisation process with the creation of numerous sales branches in various countries. On December 27, 1995, the holding company Carraro SpA was listed on the Italian stock exchange.
In 1998, the first stone was laid for the Carraro India Ltd. plant in Pune and over the years, the Group also signed other agreements leading to the establishment of new production plants in Poland, the United States, Argentina and Germany.
Confirmation of the centrality of the Indian market came in 2006 when Carraro opened in a new research center in Pune, Carraro Technologies India, devoted to research and design of new products.
In October 2007, Qingdao saw the opening of the new Carraro China plant. This production site is intended for the production of transmission systems for stationary applications (such as escalators), integrated drives for lift trucks, axles for agricultural tractors and construction equipment.
Between 2007 and 2008 the Group’s activities were re-organized, aiming at making the single Business Units more and more independent from one another, transforming them into completely autonomous companies , each with its own business mission.
In this frame, next to Santerno (BU Electronics) and Agritalia (BU Vehicles), Gear World SpA (BU Components) was created in 2007 and on July 1, 2008 the establishment of Carraro Drive Tech SpA (BU Drivelines) completed the new scenario.
Carraro Drive Tech is now focused on the core activities of the Carraro Group, namely the design, production and marketing of axles and transmissions. This company consists of 8 production plants located in Italy (5), Argentina, India and China.