News, views & analysis blogs by: NovaCast Technologies AB





Subject

NovaCast Technologies AB :
NovaCast subsidiaries Camito and SwePart Verktyg receive new order from Finnveden Metal Structures in Olofström


Article:

NovaCast Technologies AB :
Camito and SwePart Verktyg have received an order for a set of progressive tools from Finnveden Metal Structures. The deal includes casting of die shoes, as well as construction and completion and testing of complete dies. The end customer is one of the leading truck groups in the world. The order also includes construction and casting of a press pallet of approx. 6 tonnes.

“This is the second significant order from Finnveden in a short period of time. We have developed a good cooperation and we are happy and proud to be able to mobilise a Swedish manufacturing cluster in times of hard international competition”, says Rolf Mastenstrand, Camito CEO.

The order includes completion of four progressive tools with a total weight of over 18 tonnes. Casting of the die shoes will take place at the CamitoTechnology Center special foundry, while completion of the dies will take place at SwePart Verktyg. Delivery will be made during the fall of 2009.

Finnveden Metal Structures produces products and components in steel, aluminium and magnesium to the automotive sector and general industry.Their production processes, pressing, die-casting and joining, are designed to ensure high production efficiency, delivery precision and quality to their customers. Further information about the group is available on www.finnveden.com/fms.


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.






Honza
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