NovaCast subsidiaries SwePart Verktyg and Camito receive order for a large progressive tool from Finnveden Metal Structures in Olofström SwePart Verktyg and Camito have received an order for a large progressive tool from Finnveden Metal Structures. The order includes construction, production and try-out. It also includes casting of traditional die shoes. “The order is strategically important for deepening cooperation and strengthening competitiveness for our customer with the unique complete concept that we offer the market”, says Rolf Mastenstrand, CEO Camito. The order includes completion of a progressive tool with a total weight of over 10 tonnes. Production of the complete die will be done by SwePart Verktyg and CamitoTechnology Center, who will cast the die shoes. Delivery will take place during the fall. Finnveden Metal Structures produces products and components in steel, aluminium and magnesium to the automotive sector and general industry.Their production processes, pressing, die-casting and joining, are designed to ensure high production efficiency, delivery precision and quality to their customers. Finnveden Metal Structures has approximately 950 employees and an annual turnover of approximately 1 400 MSEK. Further information about the group is available on www.finnveden.com/fms. NovaCast Technologies, listed on the OMX Nordic Exchange (NCAS B), develops and markets enhanced castings for the production of car body parts, as well as software for methoding, simulating and process control for more efficient production processes to the global automotive industry and its subcontractors. With the Camito technology enhanced castings are manufactured in one solid piece for the production of dies for forming stamping automotive body components in a considerably shorter time than traditional dies. Through die manufacturer SwePart the group has expertise within the whole value chain for the production and sales of stamping dies. For further information from NovaCast contact Hans Svensson, CEO NovaCast Technologies AB, +46 705 652 250. More information is also available on www.novacast.se.
NovaCast subsidiaries SwePart Verktyg and Camito receive order for a large progressive tool from Finnveden Metal Structures in Olofström
| Source: NovaCast Technologies AB