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New Press for Stanco Metal Products

Tuesday, January 24, 2017
 

Stanco Metal Products, located in Santa Teresa, NM, near the U.S./Mexico border, has purchased and installed a new 1100-ton Seyi press. It features a bed size of 236 by 72 in. and includes a new Perfecto servo-driven feed line to handle coil to 60 in. wide and 0.375 in. thick.

The press, installed to handle overflow from existing press lines and provide capability for new work, became operational this past December.

For more on Stanco Metal Products, visit www.stancometal.com.


Bayloff Adds Capital to Boost Middleville Tool's Mfg. Capabilities

Monday, January 23, 2017
 

The Bayer family, owners of Bayloff Stamped Products, recently purchased a controlling equity interest in Middleville Tool & Die Co., Middleville, MI. With the new capital, Middleville Tool, with the founding Middleton family still holding a significant stake, plans to add manufacturing resources without incurring large debt.

“The move gives Middleville Tool the flexibility to invest in its manufacturing operations, which have been responsible for the company’s growth in recent years, “reads an article from MiBiz.com. “While the company has offered contract manufacturing services since 1972, it significantly increased its capabilities in 2003 after it developed a proprietary process for stamping unique tubular metal structures.”

Since that time, the company’s patented wrapped tubular stamping technology has grown to become about 90 percent of Middleville Tool’s business. In the past three years, employment has grown from 130 to 265 associates.

With the capital infusion, “Middleville Tool & Die plans to expand the tubular-stamping arm of its business, which manufactures exhaust and other tubular components for the automotive industry, as well as supplies the office furniture industry,” the article continues.

For more details, read the full article here

SafanDarley Expands Distribution Network in North America

Friday, January 20, 2017
 

SafanDarley, provider of press brakes and shears, has appointed Modern Machinery as distributor for the state of Michigan, excluding the state’s Upper Peninsula, which is covered by Gladwin Wisconsin. Modern Machinery already serves SafanDarley customers in Indiana, Ohio and Kentucky.

For more, visit www.safandarley.com.

 

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