s.p.a. public limited company as defined under italian law industry heavy machinery and energy technology previously also submarines and boats founded 1874 cantoni krumm & c. from 1894 franco tosi headquarters legnano near milan italy area served worldwide key people franco tosi eugenio cantoni products turbines boilers heat exchangers and pumps revenue 85 mio . 2006 1 number of employees ca. 600 2008 formerly ca. 6000 1970s website www.francotosimeccanica.it franco tosi formerly known as franco tosi & c. now called franco tosi meccanica is an italian engineering business currently concentrated on the production of turbines boilers heat exchangers and pumps . it is located in legnano near milan . the firm was created during the fourth quarter of the nineteenth century by the engineer franco tosi 1858 1898 . contents 1 history and products 2 see also 3 references 4 external links history and products edit thermoelectric generator regina margherita exhibited at the museo nazionale della scienza e della tecnologia leonardo da vinci of milan . franco tosi grew out of an engineering business called originally cantoni krumm & c. which tosi himself joined as technical director in 1876 . the firm had originated a couple of years earlier 1874 as a producer primarily of textile machinery but under tosi s leadership it rapidly reinvented itself as a producer of steam engines which tosi had developed for use as the power source for industrial looms . these formed the basis for the company s rapid growth in the closing decades of the nineteenth century . tosi soon became a shareholder and in 1881 the company also took his name . in 1894 he became the sole shareholder . 2 3 some time later in 1907 the business diversified into the production of diesel engines which was then a rapidly growing market sector . for a time ettore maserati one of the five brothers who later founded maserati worked as a designer of diesel engines for franco tosi which was also cooperating with the motorbike producer emilio bozzi . in 1914 shortly before the start of the first world war tosi established as a subsidiary business a shipyard at taranto in the south of the country for the production of submarines and ships destined primarily for the italian navy . during the 1920s a submarine from this shipyard achieved a world wide depth record descending to 75 meters below sea level . in the 1930s the football team from the tosi shipyard in taranto participated in the first division of the italian football league . after the second world war franco tosi collaborated with two large us corporation called general electric and combustion engineering producing under licence large steam turbines and boilers of american design . turbine components were also produced . the 1970s saw the number of employees peaking at more than 6 000 . franco tosi maccanica in 1958 by paolo monti the early 1990s was a time of world wide crisis for producers of power generation equipment and franco tosi found itself taken over by ansaldo the resulting combine being taken over in 1993 by finmeccanica and integrated into that company s energy division under the name ansaldoenergia . however this resulted in a concentration of control in the italian energy sector which attracted the attention of the competition authority . in response to pressure from the regulator the integration of finmeccanica was reversed and ownership of franco tosi transferred in 2000 to the cast group . at was at this point that the business acquired its current name franco tosi meccanica s.p.a. . on 25 july 2013 the bankruptcy court in milan declared the company insolvent . 4 on 9 june 2015 presezzi group acquired the business of franco tosi meccanica which includes among other plant machinery and equipment the brand franco tosi all patents and other rights of industrial and intellectual property ; the know how and all technical documentation including manufacturing and construction drawings all work in progress and order backlog . see also edit wikimedia commons has media related to franco tosi meccanica . italy portal companies portal list of italian companies references edit a tec will in den turbinenbau einsteigen auf handelsblatt.com abgerufen am 17 . juli 2009 tosi franco in matschoss conrad m nner der technik . ein biographisches handbuch hrsg . im auftrage des vereines deutscher ingenieure . berlin springer 1925 xi 306 s. auf digitalis.uni koeln.de franco tosi auf albert gieseler.de tosi dichiarato stato insolvenza per l azienda di legnano . libero . 25 july 2013 . retrieved 27 luly 2013 . check date values in access date help external links edit www.francotosimeccanica.it retrieved from https en.wikipedia.org w index.php title franco tosi meccanica & oldid 736027253 categories franco tosi meccanicaengineering companies of italyshipbuilding companies of italycompanies based in lombardycompanies established in 18741874 establishments in italyitalian brandshidden categories cs1 errors datescommons category with local link same as on wikidata navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version in other projects wikimedia commons languages deutschitaliano edit links this page was last modified on 24 august 2016 at 17 36 . text is available under the creative commons attribution sharealike license ; 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