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Hot Off the Press


Elrae Industries Adds 600-Ton Minster Press

Friday, June 13, 2003
Elrae Industries, Inc., Alden, NY, a producer of stamped and rollformed components, custom assemblies and retail-ready products for a variety of industries, has added a new 600-press, a Minster Series E2 Hevistamper. The press expands the company’s stamping capability from a previous maximum of 330 tons. It will be housed in Elrae’s recently completed 26,000-sq.-ft. plant addition designed with a higher-ton press in mind, and brings the plant’s total size to 76,000 sq. ft. The press features a 120 by 60-in. bed for flexibility, stability and precision, with rapid and exact shutheight. It reportedly is ideal for heavy progressive-die work and other difficult jobs. The press’ production management control system allows fully integrated production for superb quality control, according to Elrae officials. Target date for production on the new press is early August 2003. For more, visit

Gosiger Opens California Office

Thursday, June 12, 2003
Resulting from its recent purchase of Joachim Machinery West LLC and parent company Joachim Machinery, Indianapolis, IN, Gosiger, Dayton, OH, has opened Gosiger West, which includes two California product and service locations. Located in Torrance and Livermore, CA, Gosiger West will represent Okuma machine-tool products and services in California and parts of Nevada. It also will sell and service other product lines such as Chiron vertical machining centers, Wasino high-production lathes and Rollmatic CNC tool and cutter grinders. Managing Gosiger West is Jim Reynolds with Andy Dukes as director of sales. For more, visit

CAD/CAM Buyout--Planit Holdings
Acquires Radan Group

Wednesday, June 11, 2003
Planit Holdings plc, an international company specializing in development and distribution of CAD/CAM applications, has acquired the Radan Group, a supplier of CAD/CAM software to the sheetmetal engineering industry. “The acquisition will allow us to extend our operations in the mechanical-engineering sector,” says Trevor Semadeni, Planit chief executive officer. “The integration of Radan distributors into Planit’s extensive distribution channels in Europe and the Far East also will provide an excellent base for the distribution of the group’s products.” Radan software includes the 3D sheetmetal design system, which automatically unfolds parts for downstream processing with company offerings such as Radpunch, Radprofile and RadbendCNC. The financial backing provided through the acquisition “will enable us to fund further research and development and bring new products to market faster,” says Chris Billet, U.S. general manager of sales for Radan. For more, visit


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