On June 4th, 2020, TEC Eurolab celebrated its first 30 years in business. A great achievement which was accomplished thanks to the enthusiasm and determination of the founding partners Paolo Moscatti, Alberto Montagnani, Loretta Gozzi, Anna Grassi and all the employees who have contributed to the company’s growth over time.
“It is not a milestone but simply a point of transition, we deliver to history what we have done until yesterday, while we live today projected into tomorrow. For us it is just that. For the market, for our customers and stakeholders I hope it can mean solidity, sustainability over time and, therefore, nurture confidence in our brand, in our way of being and serving.”
Paolo Moscatti, President of TEC Eurolab
More than 30 years of history
On June 4th, 1990, Eurolab Snc was founded by Alberto Montagnani and Paolo Moscatti in an 80-square-meter apartment on the ground floor of an old industrial building located just beyond the historic center of Modena, at Via Canaletto Sud 152/F.
Eurolab Snc obtains SINAL (now ACCREDIA) accreditation to perform analysis and testing in the metallurgical field.
The company moves to Campogalliano (MO) to a small 330-square-meter warehouse at Via della Resistenza 7/5. It is a decisive step on the consequent virtuous path: continuous staff training, investment in state-of-the-art equipment and achievement of accreditations. The goal is to achieve and permanently guarantee the highest levels of quality.
The measuring instrument calibration center was founded. The first non-destructive tests using surface methods are performed: visual inspection, penetrating liquids, magnetic particles. The provision of the first training courses in metallurgy to client companies is initiated.
First inspections dedicated to welding are carried out. Rental of a building adjacent to the laboratory, in which a mechanical workshop dedicated to sample preparation is equipped. The technical area reaches 530 sq. m.
A new company, Eurolab Garanzia Qualità Srl, is established to take over the laboratory activities. Eurolab Snc remains operational as a calibration center. Dimensional testing activities using CMM and benchtop instrumentation begin.
The measuring instrument calibration center obtains SIT (now ACCREDIA) accreditation.
Eurolab Garanzia Qualità obtains ISO 9001 certification, a guarantee of quality also for the training services provided, which meanwhile have been extended to multiple technical fields. The calibration center is also taken over by Eurolab Garanzia Qualità Srl.
On May 2th 2002 the new headquarters at Viale Europa 40 is operationally inaugurated. 1,110 sq. m. of laboratories and offices. The official inauguration will take place in November of the same year with a conference on Regional Law 7 supporting research and innovation.
In the realization that, in the meantime, several laboratories had appeared in Italy under the name Eurolab and in the impossibility of registering this trademark, the company name was changed to TEC Eurolab Srl. The trademark was registered at European level. TEC Eurolab obtains recognition from Alenia Aeronautics and the first tests on fasteners for aeronautical use begin. TEC Eurolab obtains accreditation as a Certification Body.
Viale Europa headquarters are enlarged, bringing the total covered area to 2,100 square meters. In this enlargement, the non-destructive testing department, which now also specializes in volumetric testing (radiography and ultrasounds), and the machine workshop acquire more space.
The calibration center moves to new laboratories at Via Zamboni 60, Campogalliano, an additional 1,200 square meters dedicated to measuring instrument calibration and dimensional testing. Administrative offices also move to Via Zamboni.
The company decides to proceed with the managerialization of the company direction. The shareholders, who until then had played a central role in corporate management, hire an external CEO and support him in managing the company. Unfortunately, the company suffers the backlash of the global financial crisis that began with the failure of the U.S. sub-prime mortgages. By the end of the year, the turnover, which had reached 6.8 million euros in 2008, will register -32%. Careful management of the crisis, however, allows the company to break even.
The corporate restructuring brought about by the events of 2009 continues, and although turnover has not rebounded, the company closes in profit. AlpiLab laboratory in Buttigliera Alta (TO) is acquired. LabMet laboratory in Maniago (PN) is acquired in partnership with Agemont, an economic development agency of the Friuli-Venezia Giulia region. TEC Eurolab obtains NADCAP accreditation, the highest guarantee of quality and reliability in the aeronautical field.
It is a year of strong recovery, the company grows again in terms of structure, skills, accreditations, turnover and margin. In 2011, an internationalization experience is launched with the opening of a metallurgical laboratory in Shanghai.
Change of corporate management with termination of the previous CEO’s contract. The founding partners regain control of the company without giving up a managerial vision of the company: they call the technical manager and the administration and control manager to the Board of Directors. Together they radically change the development strategy. Investments are centralized on the Campogalliano headquarters, and at the same time peripheral activities are closed or divested. In July 2013, the calibration center is sold and the first tomograph is ordered at the same time. The Shanghai laboratory is closed and dismantled in the same month.
After a careful technical and market analysis, the tomographic center, among the first ones in Italy, is inaugurated with the commissioning of the X5000 240-kV tomograph. LabMet is sold.
TEC Eurolab celebrates 25 years in business, celebrated in Rome with the employees and their families. For production enlargement, the property at Via Grieco 91 in Campogalliano is purchased. The AlpiLab laboratory is merged by incorporation into TEC Eurolab and subsequently closed.
The company reaches 70 employees. The building in Via Grieco – an additional 1,700 sq. m. – is inaugurated. Different departments are moved here: non-destructive testing, dimensional testing, inspection, certification body, training and tomography (with the installation of the new 450 kV tomograph, the most powerful available in Italy at that time). The R&D department is set up.
On the boost of activities for the aviation sector, the company increases the number of its employees to 80. The space made available on Viale Europa allows for a redefinition of operating areas resulting in the enlargement of the chemical, metallurgical, mechanical testing and workshop departments. New investments are made in mechanical and chemical testing and climatic chambers. Investments are made in Cyber Security as well.
The company increases its focus on the needs of manufacturers of additive manufacturing and carbon fiber components. Investments in technology and expertise continue steadily. Aware of growing cyber risks, investments in Cyber Security continue too.
Expansion works begin on the Via Grieco site, increasing its covered area to 2,000 sq. m. Two additional X-ray bunkers are built: the first for 320 kV X-ray analysis and the second to house a LINAC tomograph with 6 MeV power, designed jointly with the manufacturer. TEC Eurolab is the first private laboratory in Europe to have such technology. The number of employees reaches 95. Investment is made in the digitalization of processes and a new management software, SAGE X3, with complete customization of the production module is adopted. Company turnover approaches 12 million euros with EBITDA steadily above 25 percent.
Two concurrent events occur in late February, which deeply undermine the revenue structure. The Covid-19 pandemic erodes March revenues and wipes out activities from April to mid-May. In addition, following two aircraft disasters in a few months, Boeing Company stops development programs and the consequences reach TEC Eurolab, where non-destructive testing and materials analysis of some engine components were being performed. At the end of the year, turnover would mark a 30% collapse, re-presenting a situation very similar to that of 2009, though for completely different causes. The company’s reaction was immediate, as much in defense of jobs as in a judicious policy of cutting current spending. Investment in technology, skills and safety was not given up. Work begins on upgrading the laboratory on Via della Resistenza, destined to house the functional test center in 2021. The 231 organizational model is adopted. During the lockdown period, some employees volunteer to share expertise through meetings and online courses which are open to the entire company. The adoption of the SAGE X3 management system is completed and the Business Intelligence platform is continuously implemented to support data-driven strategic decisions.