NovaCast Technologies AB: NovaCast Receives New Order for Camito Die Shoe Castings from Schweikert
Order Value in Excess Of 3 MSEK
The order is for two large progressive dies and four separate dies for in-line press production. The order includes production, completion and adjustment of dies, as well as try-outs at SwePart Verktyg.
Schweikert is one of Europe’s leading system suppliers of stamping dies and car body parts to the automotive industry. Their customers are among others VW, Audi, Porsche, BMW and Mercedes.
The die shoe castings for Schweikert will be produced at Camito Technology Center.
NovaCast Technologies (STO:NCASB), listed on the NASDAQ OMX Stockholm Small Cap lista (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 and 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.