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Italy Invests in the US: Italy's V.AR.VIT SpA Leases Space in Aurora (IL)

Italian widget manufacturer (fasteners, screws, nuts, studs, wheel bolts) V.AR.VIT SpA has leased 55k SF in Aurora's 1455 Sequoia Dr for its first North American locale.

About V.AR.VIT SpA

Founded in Reggio Emilia in 1962 by Aristide Vescovini, by 1975 V.AR.VIT. was already established as a major supplier to agricultural, industrial and earth moving machinery manufacturers and a leading supplier of spare parts worldwide. Today V.AR.VIT. distributes the Group's products to over 70 countries around the globe. V.AR.VIT. has two large finished product warehouse facilities, both of which are highly mechanised and with computer management. Their capacity amounts to some 40,000 pallet locations and the systems installed are able to handle over 5,000 pallets per day.

About Vescovini Group - Parent Company

The Vescovini Group comprises of three main divisions, SBE (Cold Forging Manufacturing), located in Monfalcone, OSD (Hot Forging Manufacturing) situated in Pioltello, and V.AR.VIT. (Distribution), with its headquarters in Reggio Emilia.

At present, the group is one of the major players in the European market of fasteners, screws, nuts, stud and wheel bolts and many other cold forging products such as pins and semifinished for driveline and axles . The range of products, manufactured in Italy by SBE S.p.A and Osd S.p.A, carries an inventory of 12.000 items, mainly targeted to OEM market and partly to Distribution. The Group supply a variety of sectors: automotive, agricultural and earth moving machines, heavy and light commercial vehicles, civil and industrial construction. The versatility and flexibility, which are the attributes of the group and represent its success, enable the end user to source a great variety of products from the same supplier. The stock management system, which is relevant in the European and Global Market, is able to guarantee either the reliability of the industrial process and an efficient and prompt service to customers.