What is now Ugitech Italia S.r.l. was born in Peschiera Borromeo in 1954 as Trafilerie Bedini, founded by the Bedini family.
The main activity was the cold processing, under toll work, of carbon steel and free machining steels. After a few years Trafilerie Bedini, at the request of its customers, began to convert successfully stainless steel bars and wire. In 1980 Trafilerie Bedini, based on its already considerable experience and know-how, decides to specialize in the processing of stainless steels only, abandoning carbon and automatic steels. In 1990 the company was acquired by the steel-mill Ugine Savoie SA, today Ugitech SA, also specialized in the production of stainless steel.
From 1 July 2006, Group Ugitech of which Trafilerie Bedini was part, became the property of the German steel group Schmolz + Bickenbach AG, which, as a result of this acquisition, is emerging as a world leader in the production of stainless steel long products. As from september 1st 2008 Trafilerie Bedini has officially changed its name into Ugitech Italia Srl.