MODEPSA SAC was founded on October 23, 1969, beginning operations with a forging production line, dedicated exclusively to the manufacture of bolts, nuts and similar mining and railway.

In 1982, MODEPSA acquires all the shares of "Manufacturing Industrial SA (FABINSA), a pioneer in the manufacture of conventional bolts and in 1995 merged with it, absorbing it, since then the plant will consist of two lines Production: Automated and Forge.