NovaCast Technologies AB :
NovaCast Technologies subsidiary Camito receives order for die shoe castings from a new customer in Austria
NovaCast Technologies AB :
Camito has been rewarded with orders for draw die shoe castings from a new customer in Austria. The order is both for Camito dies and traditional die shoe castings. An important competitive factor in this order has been NovaCast group’s ability to deliver both traditional die shoe castings and Camito technologies’ refined tool and die products that ensure time savings.
The order is for one Camito draw die with integrated active steel surfaces, weight approximately 5 tonnes and two sets of traditional die shoe castings in gray iron. Delivery will take place during the spring of 2009.
Our customer, who wishes not to disclose their name at this stage, is a system supplier to the European automotive industry. They deliver complete solutions including design, simulation, engineering with completion of stamping tools and manufacturing of body parts. End customers are leading companies in the European automotive industry.
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.
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