IKL –Industrijski kombinat Livnica Guča was founded in 1958, and since its opening until now, the main and predominant activity has been casting iron and steel. On 31. March 2017, the foundry became the property of Progres inženjering doo from Čačak and began operating as an independent legal entity with a 100% share of private ownership. In addition to its main activity, the plant is engaged in the finishing and machining of castings and metals, the production of furnaces and stoves on solid fuel. During its existence, the technological and personnel competence of the plant has changed, as well as the range of products, in accordance with technological innovations in the field of casting and requirements of domestic and foreign markets. Due to the exceptional quality of foundry castings, along its own production, it produces parts and components for numerous manufacturers of furnaces and boilers according to their models and drawings. The foundry is technically and technologically equipped for castings for the needs of mining industry, electrical industry, construction, cement plant, car and tractor industry, thermal industry, machine industry.