“that which is created by the spirit has longer life than ... · umbragroup magazine | july 2015...
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UmbraGroup Magazine | July 2015
“That which is created by the spirithas longer life than material things”
Charles Baudelaire
Portrait of UmbraGroup’s Founding Father - Artist Wilma Lok 2014
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UMBRAGROUP MAGAZINE | JULY 2015
INDEXEditorial .......................................................................................................................................... Pag. 318 Years MRO: The Strength of Ideas .............................................................................................. Pag. 4Experience is Synonymous with Life ............................................................................................... Pag. 5A New Roof .................................................................................................................................... Pag. 6E V I AAA! ....................................................................................................................................... Pag. 7Strengthening the Design Team ...................................................................................................... Pag. 8The New Testing Department .......................................................................................................... Pag. 9News from Umbra Cuscinetti Inc. ................................................................................................... Pag. 10Good Signs from R&D ..................................................................................................................... Pag. 11Extraordinary Results for the Chemical Processing Department ..................................................... Pag. 12The Spirit of Valter Baldaccini ......................................................................................................... Pag. 13E&Y Event: Reflections .................................................................................................................... Pag. 15Valter Baldaccini Foundation .......................................................................................................... Pag. 16Public Opinion ................................................................................................................................ Pag. 17Inside and Outside........................................................................................................................... Pag. 18Births, Employment, etc. ................................................................................................................. Pag. 19
CREDITSTextsA. Baldaccini, B. Baldaccini, L. Amici, D. Bartoli, G. Belloni, F. Boni, S. Bordoni, V. M. Catauro, C. Comodo, A. Fuso,
M. Gaviani, M. Maccheroni, F. Marchetti, M. Marshall, R. Morettini, J. Nalli, L. Panzolini, A. Passeri, S. Pucci,
J. Sabbatini, R. Tilch, P. Trasciatti
CollaborationsB. Baldaccini, S. Bordoni, D. Bartoli, J. Lupori, V. Protz
PhotosUmbra Cuscinetti Inc.- Umbra Cuscinetti - PKE Eltmann - Kuhn - R. Ballerini - C. Olivieri
Graphic design and layoutwww.ideastrategie.com
PrintTipografia Folignate
PRINTED ON RECYCLED PAPER CYCLUSPRINT - DALUM (POLYEDRA)
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UMBRAGROUP MAGAZINE | JULY 2015 | EDITORIAL
In the wake of the financial and economic successes in 2014 / 2015 we are encouraged to continue transforming our manage-
ment and production processes TOGETHER to achieve the ambitious targets for the current year.
The past months confirm that customers have confidence in the UmbraGroup brand offering growth opportunities, especially in
the long term.
My visits to the subsidiaries and the days spent in Foligno have convinced me that the team is innovating by mobilizing the best
human resources, production and finance to strengthen our leadership position in the global market and create the wealth ne-
cessary to support growth, remunerate employees and shareholders and sponsor our projects for the community.
The Group is achieving performance in line with budget or even better.
The only gray areas are at the Foligno main facility where the total volume of bearings in 2014 was down 20% and the volume
of EMA sales are lower than budgeted due to challenges with a very important military program; however, the profitability and
the financial position of the companies are above budget.
Nevertheless, in a context where flexibility and knowledge form the basis of competitiveness, UmbraGroup continues to increase
the rotary job and interchanges between companies.
The US subsidiary UCI was awarded a contract worth 5.5 / 6 million for a period of five years by Triumph which allows us to invest
in strategic areas such as sector gears. We also agreed to an outsourcing strategy of some products that will soon be transferred
to the production site in Foligno.
The German subsidiaries KUHN and PKE are performing in an excellent manner. We are increasingly strengthening its presence in
UmbraGroup’s important European market and giving more punctual service to the Schaeffler Group.
In this context of positive prospects for a successful year and for creating new opportunities for growth, I should also mention
three events:
1. The birth of the “ Valter Baldaccini Foundation “ held on May 4th, one year after our Founding Father’s passage to eternal life.
We wanted to create a foundation to provide a more solid structure and foundation to continue implementing the values that
Valter taught.
2. The naming of the street where UmbraGroup is headquartered in Foligno, dedicated to its Founding Father. I want to again
thank the employees of UmbraGroup who were involved in this project and the institutions that accepted and implemented it.
3. The entry of UmbraGroup into the “Leonardo Committee” which welcomes Italian excellence in various sectors of business
that export abroad. An important recognition for our Company.
To conclude, I would like to remind you that being leaders in the sectors where we operate it is essential to change and innovate.
Each of us, with commitment and dedication to work, can make a contribution to our growth. We started a new journey together
and only with patience and with genuine enthusiasm will we be able to transform our company by growing the value of our
UmbraGroup brand worldwide.
Wishing happy holidays to you and your families I share with you a quote that particularly struck me: “A tree whose trunk can
barely be embraced comes from a tiny bud. A tower nine stories high begins with a pile of earth. A long journey of a thousand
miles begins with a single step of your foot. “ (Lao Tse)
Antonio BaldacciniAmministratore delegato/CEO
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UMBRAGROUP MAGAZINE | JULY 2015
18 YEARS MRO:THE STRENGTH OF IDEAS
Left to right: A. Baldaccini, N. Bacelli, A. Marcucci
N. Bacelli and A. Baldaccini
The passing years provide experiences that, as we reach the age of
maturity, we celebrate with a toast for reaching an important mile-
stone. At 18 there is a freshness and ambition to conquer the future
with the youthful enthusiasm and the knowledge that we have the
means to achieve victory. In life as in business, the celebrations are
not just tradition, but also pride in our achievements and enthusia-
sm to develop new goals.
In this spirit, Nicola Bacelli launched an initiative to mark the 18th
Anniversary of the MRO Department with an evening of festivities.
March 7th brought together the current MRO Team, dignitaries,
former employees and representatives from various departments
that interface with Repair. The theme of the evening was “The Sun
Even at Night”, a play on words to give a sense of celebration to
an event born from the desire to make that evening, that night, a
night of sun.
The talented band “The Ikarock” was there to enhance the rhythm
and the brilliant magician Andrea Paris entertained guests with clo-
se up performances. The actor Claudio Pesaresi then gave a master-
ful reading of an excerpt from “Jonathan Livingston Seagull”. The
well-known best selling management training book tells the story
of a seagull who, unlike his companions who are only interested in
flying in order to find food, discovers the beauty of hovering in the
sky. This leads to the awareness that with will and the strength of
ideas, you can get anywhere.
The will to fight and obtain what you believe in are the brilliant
motors of UmbraGroup and its MRO Team that, having come of
age, is enthusiastically preparing to face the new challenges of the
market that will bestow it with new visions of success.
“You can get to anyplace in space and in time that you wish to
go” - says Jonathan Seagull. The MRO Team and its VP know this
well. They know that ideas make the story of our life, and it is
concrete actions and ideas that underlie the success of individuals
and companies. Only with this kind of thinking will there be many
more anniversaries.
Michela Gaviani
Aerospace Dept
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UMBRAGROUP MAGAZINE | JULY 2015
EXPERIENCEIS SYNONYMOUS WITH LIFE
F. Boni
My experience at Umbra Cuscinetti began almost thirty years ago.
At that time there were just over 150 of us. We really knew each
other and we shared both our work lives and our leisure time. In
this environment I began the journey of learning entirely new indu-
stries: ball screws first, and then bearings. My period of technical/
commercial training lasted three years and was held initially at the
German Company FAG, which hired me. Then I came back to Umbra
in 1993, when it was sold by FAG and acquired by local entrepre-
neurs (a story you already know).
Since then I have seen the company transform and continue to
grow. New faces of employees and customers have arrived, even
from abroad: new cultures to meet, talk with and engage. All this
has enriched professional and personal knowledge and it was pos-
sible because, based on the relationships, there were feelings of
friendship, cooperation, respect.
These values are those that I have sought to share with everyone
and especially with our dear Valter Baldaccini. How we get along
when talk about family, respect, understanding and humility. But
also commitment, devotion to work, seriousness, responsibility, and
these were subjects we discussed during frequent trips to custo-
mers and with clients at the company.
I was in agreement when Valter said with conviction: “The ‘indivi-
dual is the center of the work.” He was so diligent in caring for all,
even with just a handshake, asking employees if things were going
well at home and at work. Or, after hours of hiking, reaching the
summit along some mountain, resting his eyes on the valley and
inviting me to say a prayer for all our colleagues and their families,
so that they would never lack work and health.
Yes, experience shows that it is especially through work that one
learns to know oneself, to learn about each other and to enrich
ourselves professionally, culturally and morally.
My thoughts now turn to you young people who are in need of a
little help, of a little hope and somebody who believes in you.
Get involved with dedication and professionalism and you will di-
scover that at Umbra, worthy people will be recognized.
Happy Experience!
Francesco Boni
Bearings
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We are at the halfway point of 2015, ano-
ther year full of challenges, events and op-
portunities. The first half ended in line with
budget expectations and increasing profi-
tability. This result was driven by higher vo-
lumes and an increasingly Lean production
organization.
Last May, the sales force and technical of-
fice met the goal of better coordinating the
activities of marketing and identifying new
markets. It sparked interesting ideas and
observations about possible increases in re-
venue that bode well for the future and the
strengthening of the EMA product.
The reallocation of production activities at
the new site on via Bartolomei will definitely
help us achieve the goal of making proces-
ses more efficient and meeting market ex-
pectations.
It seems that we are reliving, to a lesser
degree, the same feelings and the same en-
stability.
Based on these comforting considerations
we can more enthusiastically turn our ener-
gy toward new opportunities and markets
“thinking out of the box”.
Lucio Panzolini
Electromechanical Actuators
thusiasm as the move from the plant on Via
Piave to Via Valter Baldaccini. In the Umbra
tradition, we will try to share these feelings
and our pride with our clients and institutio-
nal representatives on July 10th.
On that date when we inaugurate the new
plant, we will seize the opportunity to de-
monstrate our technology and design exper-
tise to both current and potential customers
through a guided tour of the factory and
subsequent workshops.
In the second half of this year we are ex-
pecting some important events such as the
delivery of the actuators for primary surfa-
ces and the motor control for the new P1HH
Piaggio Aerospace aircraft.
In addition, we will deliver an actuator to
Trumpf that will be fitted to a new model
of bending machine that will remain in ser-
vice until 2028. This will allow us to count
on a solid base of revenue and production
A NEW ROOF
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UMBRAGROUP MAGAZINE | JULY 2015
E V I AAAAA!
Tricolor Arrows
... I continue with my way of using puns to tell you about the inte-
resting things we’ve been dealing with in our Industrial line and,
in this case, even things we will be working on while the magazine
goes to press.
EVI is in fact an acronym coined to identify a project started official-
ly in early 2015, and “advocated” by Senior Umbra Management.
EVI stands for Evolution Industrial Screws, and these three words
sum up the future of the industrial line.
The goal of the project is to develop the Industrial line through
increased profits, optimizing process management, facilitating the
sale of products, and thus increasing market presence.
If the goal is reached, we will be able to increase our market share
by safeguarding customers and, at the same time, we will streng-
then our business in Foligno in terms of sales and increased em-
ployment.
The projects is being carried out by my team and fundamentally we
are operating on two distinct fronts.
The first is to achieve results in a short period necessary to support
the line in an autonomous way and at a level sufficient enough to
create reserves for investment in research and new applications.
This will ensure long-term business.
At the same time, we must face ever-increasing, highly-skilled com-
petition and “low cost.” We also decided to review our internal
organization to see if the current structure is suitable for the chal-
lenges of tomorrow.
In this specific phase that will begin shortly we will have the sup-
port of the lean engineers team together with our two “neo Green
Belts” Simone Pergolesi and Attilio Tiradossi.
So, in summary, Senior Umbra Management told us, get ready...
go... and we can’t say no... EVIaaaaa!
Good work everyone!
Luca Amici
Vice President Business Line
Industrial Products
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Giacomo Rossetti is our new colleague and a recent graduate in
Electrical Engineering from the University of Perugia . He became a
part of our team in March.
“Here at Kuhn I’ve found a stimulating environment full of young
colleagues who, like me, are having their first work experience,
even though they’ve been toughened by several years in the com-
petitive German industrial environment .” These are Giacomo’s first
impressions, and he will assist me in following everything related
to the design and quality of our product.
At the same time we have also begun work on constructing a new
technical department, which is at the heart of production. This choi-
ce is aimed at achieving a seamless integration between design,
production and quality. Its creation is a demonstration of the im-
portance we place on teamwork within our company. In fact, from
the beginning of the project to its completion, the main players in
the various stages of the implementation are almost exclusively
in-house staff.
The new office will provide an invaluable platform where we create
the best products and also provide services that will fully satisfy our
customers in the German market. Clearly, all this will be assisted
by the Technical Department at our main office who, I’m sure, will
supply us with outstanding support.
Stefano Pucci
Industrial Design
Kuhn
STRENGTHENINGTHE DESIGN TEAM
Left to right: G. Rossetti and S. Pucci S. Pucci and G. Rossetti modeling in 3D
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Today improving the quality of products is imperative for every
company. For this reason, and also thanks to the input from our
customers who require quality balls every day, we decided to create
a testing department under the direction of Reinhard Tilch.
We began testing the 18.256 mm diameter ball that needs to com-
ply with the standard G10 for our customers. Thanks to the increa-
sed quality of the balls, our client, Schaeffler, is producing balls with
lower noise levels in application environments such as passenger
elevators.
The required quality cannot be achieved with our standard process
of final lapping (the final production stage before packaging). In
fact, this includes factors that affect the final quality of the pro-
duct.
Above all, we have to improve the final lapping to achieve the re-
quired quality with cast iron discs and the coolant. After comparing
various manufacturers, we decided on a six month trial using discs
with synthetic resin alloys and lapping oil for testing. The oil is pu-
rified through a filtration system to ensure that the discs are not
damaged due to the friction.
Thanks to these two innovations we are achieving a good, even
excellent quality G10. The next step will reduce the level of damage
to the surfaces and adjust the shape of the curvature required to
achieve the quality of the future standard G5.
Another two machines were recently installed in the test area for
testing balls with diameters of 22.225 and 28.575. For these types
of balls we must first meet our quality standards and then reach the
higher quality demanded by our customers.
Once we have met the requirements with the final lapping we are
presented with the next challenge: washing the balls without da-
maging them and packing them directly to avoid damage during
handling.
All this work is time and labor intensive. At this point we need to
reflect more on the human factor in order to decrease the time
required for processing.
It is only through continuous product improvement that we can
save our jobs in the long term.
Quality... is never finished.
Quality is... a positive, personal approach to continuous improve-
ment.
Quality is... the joy of improving.
Reinhard Tilch
Process Engineering
PKE
THE NEW TESTING DEPARTMENT
Inlet for the Test Machine Central System for the four Test Machines
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NEWS FROM UMBRACUSCINETTI INC.
Left to right: L. Baldaccini, R. Collett, R. Larsen, M. Miozza R. Collet receiving the United Way Award
Rick Larsen visited Umbra Cuscinetti Inc.Washington State Congressman Rick Larsen and his Deputy District Director, Adam Le-Mieux visited Umbra Cuscinetti, Inc. on Fri-day, March 6, 2015. They met with CEO, Ro-bert Collett; CFO, Leonardo Baldaccini; and Vice Present of Sales & Marketing, Maurizio Miozza. They discussed the Export-Import Bank and how Mr. Larsen is active with the legislature to ensure this continues. Rick Lar-sen cosponsored a bill to reauthorize the Ex-port-Import Bank, continuing his leadership in ensuring Pacific Northwest businesses of all sizes have access to critical financing to sell their goods overseas. Congressman Larsen shared that “Helping our businesses sell their products overseas creates jobs here at home. In my district, the Export-Import Bank supports thousands of jobs at companies of all sizes by helping these businesses get their goods into the hands of consumers worldwide. From large manufacturers to small and medium-sized businesses seeking to expand their presence abroad, the bank creates jobs and oppor-tunity in the Pacific Northwest and across
received the Best New Campaign Award for achieving a 20% employee participa-tion in their first year. Umbra Cuscinetti Inc. matched all employee gifts 100%, sponsored an Aerospace Golf Scramble and raised mo-ney for United Way’s Disaster Recovery Fund for Mudslide Relief. Funds raised support 106 multi-year grants. The grants address immediate needs in priority areas that were identified by community members. The fun-ds also support long-term solutions through United Way initiatives that focus on educa-tion, financial stability and English language learners. “2014 was a deeply moving year for Snohomish County with the devastating mudslide last March and the school shoo-ting in October,” said Dr. Dennis Smith, pre-sident and CEO of United Way of Snohomish County. “As often happens in such circum-stances; however, these challenges brought out the best in our community: generosity and resiliency.”
Maggie MarshallExecutive Assistant
Umbra Cuscinetti Inc.
the country.” Congressman Larsen sought our opinion on the minimum wage law. He supported raising the minimum wage in Washington. “Raising the minimum wage puts money in the pockets of Americans who are working hard to provide for their families and escape poverty,” Larsen said. “It is unacceptable that millions of people are working fulltime at the minimum wage but still fall under the poverty line.” Congressman Larsen also expressed his commitment in assisting with research and development funding as our company grows.
Maggie MarshallExecutive Assistant
Umbra Cuscinetti Inc.
United Way of Snohomish County’s 2014 AwardUmbra Cuscinetti Inc. was among several other Everett companies (March 12th, 2015) who were honored at United Way of Sno-homish County’s 2014 annual Community Caring Celebration. Umbra Cuscinetti Inc.
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UMBRAGROUP MAGAZINE | JULY 2015
R. Collet receiving the United Way Award
Last January Umbra Cuscinetti delivered the first TEAS “Turret Elec-
tromechanical Actuation System” to our customer Piaggio Aero-
space. The Research Center played a significant role in developing
the program: the office in Albanella designed and developed the
electric motor prototype, the electromagnetic brake, and the elec-
tronics for the software and automation. In partnership with E.M.S.
and under the supervision of the Research Center, they serially pro-
duced stators for electric motors and coils for the electromagnetic
brakes.
This important result was achieved through the total synergy with
the analysis team and the mechanical design team in Foligno. This
is particularly remarkable when you consider that Umbra Cuscinetti
has achieved, for the first time, an electromechanical actuator sy-
stem for the aerospace industry designed entirely in-house.
Thus, the investments and the good work of research and develop-
ment in the field of electrics, electronics, and innovative materials
are returning significant results! They have laid the foundation for
achieving one of the principal goals of EMA: design and manu-
facture of electromechanical systems integrating high performance
and quality completely in house, for the aerospace, energy and in-
dustrial markets.
Now two other EMA aerospace programs are under development:
the PAS “Primary Actuation System” and the EC “Engine Control”.
These are two systems for primary flight control. This is an opportu-
nity to gain experience and strengthen our know-how with regard
to fully integrated electromechanical systems. If successful, PAS
and EC will open doors for important new markets and customers.
We are improving, but the road to perfection is still long. In ad-
dition to experience acquired “on the job”, it will be essential to
continue to focus on research activities aimed at development and
innovation in the electromechanical sector.
The prerequisites for a successful future are all there. The ingre-
dients: hard work, continuing to believe and invest in our project
and leading it with the highest level of professionalism.
Vito Maria Catauro
Electronic Engineer
Research Center
GOOD SIGNS FROM R&D
The Albanella Team TEAS system during test phases
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EXTRAORDINARY RESULTSFOR THE CHEMICAL PROCESSING DEPARTMENT!Umbra Cuscinetti surpassed expectations
with a brilliant Zero-Findings evaluation in
the recent NADCAP Special Processes Audit
for Chemical Processing.
Congratulations to the team and to the de-
partment.
This is a satisfying accomplishment becau-
se the auditor is one of the most competent
and respected authorities in the field of Che-
mical Processes worldwide.
This is a person who knows companies
throughout the world and he told us that
Umbra Cuscinetti is “UNIQUE”.
He has never encountered a company with
our particular complexity and with such a
long list of chemical processes, yet, rarely
does he close an audit with zero nonconfor-
mities.
Special thanks to Team Umbra who planned,
prepared and managed the NADCAP audit
our established customers, but especially to
the growing number of potential customers
who demand qualified chemical processes
for aviation products.
Outstanding results are not achieved with
improvisation. They are achieved through
planning, preparation and working together
and this is all based on great team spirit
and a deep sense of commitment to the
company.
Great work!
Paolo Trasciatti
Quality Vice President
with consummate professionalism. They di-
splayed outstanding team spirit and respon-
sibility.
Special thanks to everyone in the Chemical
Processes Department, its operators and the
chemical and technical laboratory for their
cooperation and technical support.
With these outstanding results, Umbra Cu-
scinetti has reached a prestigious milestone
that few companies can match: the reap-
pointment of a Certificate of “Merit” awar-
ded for two more consecutive years.
NADCAP certification represents the highest
standard of excellence among all companies
in the world. Obtaining the degree of “Me-
rit” provides worldwide exposure of Um-
bra’s competence and production capacity
in this field.
This will work to Umbra’s advantage not only
in the quality of our domestic products and
The Nadcap-Galvanic Special Processes Team
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UMBRAGROUP MAGAZINE | JULY 2015
THE SPIRIT OF VALTER BALDACCINI
“That which is created by the spirit has lon-
ger life than material things”
(C. Baudelaire)
This spirit gave birth to two unforgettable
days for our Group: All of us were dedicated
to honor our Founding Father, Valter Baldac-
cini, who remains a colossal example of a
man and entrepreneur.
May 3rd
Even a small gesture can help to change
things: this is one of the many lessons that
we have inherited and it inspired us to orga-
nize a pleasant evening on May 3rd.
In collaboration with the theater company
Al Castello, a play entitled “Nothing to De-
clare?” was performed at the S. Domenico
Auditorium.
There was a good turnout to this entertai-
ning comedy which allowed us to spend a
pleasant evening together.
All the money from the ticket sales was do-
nated to the non-profit organization, “City
of Foligno” Civil Protection for the purchase
of a first aid machine in case of hydro-geo-
logical instability, such as landslides and flo-
ods. We would like to thank the Al Castello
Management 747-8 The Boeing Company.
“To Valter Baldaccini, enlightened entrepre-
neur, goes the gratitude from the communi-
ty and institutions,” added Catiuscia Marini,
President of the Region following the Mass,
“when I think of Mr. Baldaccini - she conti-
nued - I think of those who have ideas and
talent, who have entrepreneurial courage
in taking a chance, who know that to do
business one has to face global challenges,
which then become opportunities... with hu-
mility he served his own region, not from the
height of his success, but from the base of
the community of which he was part. “
Our CEO Antonio Baldaccini followed Pre-
sident Marini with these touching words:
“Each of us has felt a part of his grand dre-
am and today we are all witnesses of how
true it is that, in life, desire is power... I am
proud - he concluded - to pursue those va-
lues that he gave us and left us. These values
were valid yesterday and still are today and
they will be valid tomorrow; values to be
exported around the world that will never
change over time. “
These words introduced the naming of the
street, which was held at 4:30 p.m. on the
road in front of Umbra Cuscinetti.
troupe for starring at no charge, a gesture
that highlights the importance of sharing
ethical values to achieve results. The purcha-
se of this machine makes it possible for On-
lus Foligno to be the first organization in the
area to be equipped with this state-of-the-
art machine. So this project, aimed primarily
at our area, can give practical and valuable
help nationwide.
May 4th
The most significant and touching moment
for Umbra was on May 4th: the naming of
the former Via Vici to Via Valter Baldaccini.
The celebration was preceded by a Mass ce-
lebrated by the Bishop of Foligno, S.E. Gual-
tiero Sigismondi who addressed all Umbra
employees. Monsignor Dino Ambrogi led the
religious ceremony: “Valter Baldaccini was
and remains a living Gospel. He combined
professional talent with humanity and soli-
darity so profoundly that he opened all of
our hearts. “
We had the pleasure of hosting local insti-
tutions and living friends of Valter and there
were also a few large customers represented
by President of Boeing Italy, Antonio De Pal-
mas, and Jeffrey Luckey, Director of Supplier
Actors of the Al Castello Theater Company Left: B. Baldaccini, C. Pesaresi
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UMBRAGROUP MAGAZINE | JULY 2015
The Mayor of Foligno sincerely thanked all
employees of Umbra Cuscinetti who stron-
gly wanted the initiative. From this day the
memory of Valter will be carved forever in
the collective memory of our city: a testa-
ment to his contribution to the economic,
social and ethical development of our com-
munity. This street is a sign of recognition by
the City Council to a man who gave and left
obvious signs locally, regionally and globally.
Dr. Mismetti then recalled the deep moral
and entrepreneurial vision of Valter Baldac-
cini which is, even today, an example for the
long-standing heritage of the community.
They Mayor’s reflections were followed by
say: “Man is where his heart is, not where
his body is.”: Gandhi’s words give testimony
to how much Valter Baldaccini lives within
each of us.
Sara Bordoni
H.R. & Communication
the blessing of the plaque by Bishop Sigi-
smondi.
The thrilling moment that touched us the
most was seeing the name of Valter Baldac-
cini written very clearly on the plate that we
see every day coming and going from work.
Valter is with us not only because we can
read his name, but also because we can em-
body his teachings.
We are grateful to the City Council, who
completed this gesture in record time, be-
cause they gave us the opportunity to re-
cognize our Founding Father here, where he
always practiced his management skills and
his Christian values. It’s precisely the time to
Inauguration of the street
Umbra Personnel
The new Valter Baldaccini Street Sign
S.E. G. Sigismondi celebrating the Sacred Mass A. Baldaccini during his speech
The Banners
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UMBRAGROUP MAGAZINE | JULY 2015
The entrepreneur is the best hope for creating sustainable econo-
mic growth: the expansion of profitable businesses in a global con-
text is the solution.
We have enormous opportunities before us in view of the strong
growth of the world’s population: a billion more people by 2025.
Who do not take risks cannot expect to improve in their field.
Entrepreneurs must demonstrate a strong commitment to the crea-
tion of a better future while being aware of not having ready-made
solutions for strengthening their own brand. Male entrepreneurs
are asked to give more space and power to women, increasing
their numbers in our companies, in view of the increasingly domi-
nant role that they will continue to occupy in the world commu-
nity.
Relationships and networks are essential tools for improving cul-
turally and for integrating in a global context, since alone, we will
not achieve anything really great: business partnerships come into
play.
Every day we are asked to promote change, to spark innovation
and technology. We support humanity and reassess human capital
in order to grow sustainably over time.
It is a duty to serve people, without jealousy and with great humi-
lity, having clear principles that allow us to grow our business and
improve our community. With these ideas, forward-looking entre-
preneurs of today will continue to be successful tomorrow.
In an increasingly global context you should not miss the fun in
creating this new organizational model of management. It is indi-
spensible in overcoming future challenges and transforming them
into opportunities for great growth. However, we do not limit cre-
ativity to our working world because at times, the best ideas come
from outside our walls.
We are open to visiting companies, to participating in events, to
organizing visits or meetings where there is an exchange of cul-
ture and opinions with those who don’t know anything about our
reality. These same external guests could be a useful resource to
draw from, to change our thinking about what we consider to be
impossible.
In conclusion: we are convinced that each of us is able to shape the
future, but we have a common goal: to help humanity.
Antonio Baldaccini
Amministratore delegato/CEO
E&Y EVENT: REFLECTIONS
A. Baldaccini and R. Ballerini entering the event
16/28
UMBRAGROUP MAGAZINE | JULY 2015
VALTER BALDACCINI FOUNDATION
Giving continuity to the values, thoughts and actions of Valter
Baldaccini, Founding Father of UmbraGroup, focusing on personal,
educational, cultural and social development. Focusing on personal,
educational, cultural and social development, the Valter Baldaccini
Foundation gives continuity to the values, thoughts and actions of
Valter, Baldaccini, Founding Father of UmbraGroup. The Foundation
wants to spread the values of solidarity and sharing and also pro-
mote the improvement of the social fabric locally, nationally and
internationally. On May 4th, the Valter Baldaccini Foundation was
formed with the mission to export the spirit and values of a man of
profound humanity, a man whose name it bears.
The President is Beatrice Baldaccini, who along with the Board of
Directors will be supported by the vice President, Antonello Mar-
cucci and by counselors Antonio Baldaccini and Luigino Bruni. The
founding members are Poliscom, the Baldaccini family and Umbra
Cuscinetti . They will be joined by an auditor and a scientific com-
mittee. Education, research and development are the three areas
of focus.
On May 19th a press conference was held at Umbra Cuscinetti to
introduce the Foundation. President Beatrice Baldaccini said: “We
feel a strong heritage of values that our founding father has left
us, and this is why we want to bring them not only to our territory,
but to the whole world.” A reality that must live forever, “because
people pass on - added Dr. Antonio Baldaccini - but certain values
remain over time.” Dr. Antonello Marcucci explained that the hope
is to begin to operate nationally and internationally immediately.
The Foundation, based at Umbra Cuscinetti, is therefore a daughter
of the altruistic vision of Valter Baldaccini, who in doing business,
never forgot the less fortunate, the most needy, the importance of
the individual and of human dignity. In the past, he supported many
initiatives whose objectives contributed socially, educationally and
culturally in the community. The same spirit is echoed in the basic
values of the Foundation which will be an active player, a place of
listening and interaction with the community and an advocate that
will not forget Africa, so beloved by Engineer Baldaccini.
Sara Bordoni
H.R. & Communication
May 4th: the Establishment of the Foundation
The Presentation of the Foundation
17/28
UMBRAGROUP MAGAZINE | JULY 2015 | PUBLIC OPINION
HE LIVED THE WRITINGS OF ST. PAUL TO THE LETTERSome portions from the Homily of His Excellency Gualtiero Sigi-
smondi, Bishop of Foligno, on the anniversary of Engineer Valter
Baldaccini’s death, May 4, 2015.
“I am the resurrection and the life; whoever believes in me, though
he dies, will live. live” (John 11:25). This profession of faith, that the
Lord suggests to Martha who is crying at the death of her brother,
Lazarus, consoles this assembly remembering the first anniversary
of Engineer Valter’s death. His heart stopped beating a year ago,
but his spirit lives in God and we feel his spirit, like a light breeze,
that soars in our midst. Life is a “necklace of days” that death bre-
aks, and while Easter assures us that shameless death has lost face,
that is our right to have the last word. An ancient Christian author
from the 2nd century, Melitone di Sardi, in an Easter homily writes:
“Christ is the one who covered death with shame and plunged the
Devil into tears as Moses to the Pharoah”. While Satan, inconsola-
ble, sheds bitter tears, the church, exultant, cries with joy!
During his illness, in exemplary fashion, Engineer Valter testified
this serene conviction, that life does not end with death. He lived
the writings of St. Paul to the letter: “if we are children, then we are
heirs: the heirs of God, coheirs with Christ, provided that we share
his suffering, so as to share his glory” (Romans 8:17). After one
year, I cannot help but confide some details from the penultimate
conversation with him some weeks before his death. He received
me in his house, seated in an armchair: he was suffering, but serene;
just the two of us alone without beating around the bush and he
said to me: “I would like you to preside at my funeral”. Overcoming
my initial embarrassment, I replied securely and smiling: “Do you
have any ideas for me for the homily?”. After a few silent seconds
passed, I tried to tell him that death, even in its darkness is a kind
of “buffer” between the earth and eternal life; faith lubricates the
“bearings” of death, reducing the friction that it causes. At hearing
this thought, he confided to me that he was ready to surrender to
God’s faithfulness and to sign, in the faith of the Church, the last
ticket, one for the final “take-off”, with an unknown “landing”,
toward the “door” of Mercy and Peace.
“The faith of Easter, - writes Pope Francesco in the encyclical Light
of Faith - Is not light that dissipates all our darkness, but light
that guides our passage in the night, and this is enough for the
journey”.
Easter is a unique, extraordinary event, that fulfills our belief that
death is not the last word of life, that the stone tomb is not the final
act of our existence.
“The only tomb we love is the empty one; that of Christ the Rede-
emer”.
Gualtiero Sigismondi
Bishop of Foligno
18/28
UMBRAGROUP MAGAZINE | INSIDE AND OUTSIDE
INSIDE AND OUTSIDE
In this edition of Inside and Outside, I decided to interview our col-
league, Chiara Olivieri who works at PKE.
After reading of her experience, I thought it was important to share
it inside and outside of Umbra.
Her story is a good example for many other young people who
want to be recognized at a job that very often involves hard work,
determination and, even though the word has become a bit old
fashioned, I would also say “sacrifice”.
Chiara, before you, I interviewed your younger sister who
lives and works in Brazil. Tell me, is working abroad in your
DNA?
Ahah, Maybe. As for myself, I am driven to get ahead. I have a
passion for languages and a desire to find a job that will make me
financially independent.
You have worked for UmbraGroup since 2013. What brought
you here?
I graduated with a degree in Business Management with a major
in economics from the University of Perugia. After graduating, I en-
rolled in a course in accounting and administration. I did a three-
month internship in administration, and then I went to Leonardo
da Vinci in Portugal for another three month internship. When I
returned to Italy, the job search was not successful, so I realized it
was time to return to Germany.
You assimilated immediately. How about from a work stan-
dpoint?
Before leaving, I sent out applications for jobs in tourism and, after
a few interviews, I was chosen for a six-month internship at a Hotel
in Munich. The time I spent there was very educational, but equally
difficult. I needed a springboard to improve my German and then
to find work in my area of expertise. After a few months, I received
an offer to work at the company where I am now: the UmbraGroup,
where I am responsible for purchasing and accounting.
And how do you like this company?
It suits me well. I like the job and my colleagues are really great. I
see this job as an excellent opportunity for learning and professio-
nal growth.
What advice would you give to young people today who are
facing graduation exams and careen choices?
The advice I can give to young people graduating from school is
not to be frightened by the hard times and lack of work. If you are
passionate about what you want to do, somehow you can succeed.
Also, another important thing is not to let yourself be discouraged
by failures and by “no” and don’t ever say no to winning and don’t
just be an observer.
(Adapted from: “Importante è non darsi mai per vinti”, Terreno-
stre, numero 4 - Maggio 2015, p. 30)
I’ll take this moment to wish you and your family a happy vaca-
tion!
Beatrice Baldaccini
H.R. & Communication Director
C. Olivieri
UMBRAGROUP MAGAZINE | JULY 2015 | EVENTS
WEDDINGSUMBRA CUSCINETTIBellinellli Luciano e Corradi GiuliaMingardi Emiliano e Laganà ValentinaProietti Samuele e Degli Esposti Sara
BIRTHSUMBRA CUSCINETTIBastianelli BenedettaBevanati GioeleBibi FrancescoBoccali FedericoCaroli MariasoleCeccotti AuroraCimarelli Filippo
Falcinelli ChloèMatteuzzi Sofi aMorosi FrancescoPicchiarelli MartinaPicone FrancescoSensidoni MartinaTestaguzza Alessandro
EMPLOYMENTUMBRA CUSCINETTICeppi CristinaInnamorati StefanoLupori James PeterTiradossi AttilioVantaggi Mario
KUHNNicolazzo AndreaRaigel DennisRossetti Giacomo
PKEGibilterri ManuelLehnert Marco Neeb Bastian
UCIAring BrittonBillingsley KevinDick EddyGalvan JesusGinzburg ValeriaKuwahara TrishaLuttrell KraigManzanares DavidMazur JenniferMcgovern AndrewReynolds RickWells Lori
KUHNSalemmi Alessio