Tactical Missiles Corporation commissions Taganrog Foundry
Russia-based Tactical Missiles Corporation has announced that it has officially commissioned the Taganrog Foundry, with the corporation's general director Boris Obnosov, Rostov Oblast governor Vasily Golubev and mayor of Taganrog Vladimir Prasolov launching the new facility by pressing the symbolic "start" button.
Taganrog Foundry has been equipped with modern equipment from leading European companies, giving it the capacity to produce 15,000 mt of iron castings per year.
Taganrog Foundry has already signed business contracts for 7,000 mt of iron castings with 15 companies, including Russian Railways. Tactical Missiles Corporation has invested around RUB 650 million ($12.35 million) in the project.
Tactical Missiles Corporation is the largest multi-industrial engineering company based in the south of Russia, manufacturing both defense and civil products well-known in the domestic and foreign markets.