This paper presents a new approach to designing forging machines and technological processes not realized by means of modern multi-purpose forging machines. In the present work, the authors have studied the radial swaging with shear of hollow ingots, and the transformation of a hollow ingot into a solid forging by a multi-die swaging unit. The results of these investigations have been used to design regimes of multi-die forging and new forging machines. At present, a pilot vertical automated forging center is being assembled at one of the Russian plants.