| The Gnutti Family |
Company |
Lumezzane, in the province of Brescia, is recognised worldwide as the industrial district with the highest success percentage of metal alloy processing businesses – indeed meriting “The Economist” weekly newspaper front page. The Gnutti family is a prime example of this entrepreneurial success story, which through Almag S.p.A., fully controls Brawo Brassworking S.p.A. The family’s industrial roots date back to 1860, when Giacomo Gnutti, great-great-grandfather of current C.E.O. Gabriele Gnutti, lit his personal gunsmith’s forge in Lumezzane heartland.
The business was then developed and converted by Umberto Gnutti who in 1966, with his sons Damiano and Giorgio, bought out the Almag joint-stock company. The company was founded in 1946 and specialised in hot forging copper, brass and aluminium alloys.
Seeing the quantity of scrap metal available at the time, Almag production was partly diversified into turning scrap into brass ingots; today it is the second largest producer of brass rod in Italy and the third in Europe.
When Brawo Brassworking S.p.A. was purchased in 1976 all the Almag hot forging work was transferred to this company, which quickly became an essential European and Worldwide supplier of brass, copper and aluminium parts.
Throughout its industrial development the Gnutti family boasts other initiatives which have led to the founding of a well-structured, synergic industrial group in which all divisions work autonomously.