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Hot Off the Press

SHARE: Launches Online Auctions

Tuesday, February 17, 2004
Surf to for a new service that allows for online auctioning of used machine tools and accessories. Users can place items for auction online within several categories for no initial cost. If the item sells, the seller pays a fee on a sliding scale of about 1 percent depending on sale value. Items can be auctioned to the highest bidder, or for a fixed price that can be purchased instantly at any time during the auction. Pictures also can be placed for free alongside the description, and potential buyers can make direct contact with sellers to confirm additional technical information. Main auction categories include Machinery (CNC and Non-CNC), Tooling (Punch, Press Brake), Hand Tools, Materials, Spare Parts and Welding Equipment. Visit the site to learn auction details and enhancements.

Software Company Forming Technologies Inc.
Ready to do Business with French Automakers

Tuesday, February 17, 2004
Forming Technologies Inc. (FTI), Oakville, Ontario, Canada, has signed up French software firm CRIL Technology as a Preferred Partner, expanding its reach to the French-based automotive community. FTI develops and markets software for design, simulation and costing of sheetmetal components. CRIL provides computer-aided engineering and finite-element analysis software, consulting and training services. Learn more at

Fagor Supplies Slitting Line to Holland Metalformer

Monday, February 16, 2004
Fagor Arrasate, with U.S. headquarters in Bensenville, IL, has installed a new slitting line in Holland for Dingemans, a manufacturer of metal-building and construction components. The line can process cold-rolled steel in widths to 1600 mm and thicknesses to 3 mm. Maximum coil weight is 25,000 kg with line speed topping out at 250 m/min. The line has high-strength-steel processing capability and includes a two-coil movable storage system, a coil car, an electrically powered uncoiler, peeler, automatic coil feeding, a peeler, pinch rolls, a high-capacity slitter able to cut 30 strips simultaneously, triple-effect movable tensioning device, recoiler with outboard bearing, exit coil car with 'piano' system for extracting coils without banding and exit turnstile. The line also has a slitter quick-change tooling system. Additional systems allow for the quick change of separators in the tensioning device and the recoiler. A central computer controls all line operations and is backed by an automatic, intelligent diagnosis system.


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