A UK pressing and assemblies specialist has invested more than £2 million in acquiring its largest ever progression press. SDE Technology has installed the 1000-tonne Chin Fong press and coil-handling line at its Brixton Way factory in Shrewsbury, an installation that will allow larger die usage and help to create larger products for use in the automotive sector.
The global metal stamping market is projected to be worth US$ 250 billion by 2027 at a CAGR of 3.5%, according to a new report on ResearchAndMarkets.com. It had already reached a value of US$ 198.3 billion in 2021, it confirmed.
Pic caption: A 2,000 ton press tandem line from DEES with YASKAWA robotic arms, left moving bolsters and rapid heavy die exchange for a key automotive OEM.
Taiwanese press specialist, Chin Fong, has placed smart machinery at the heart of its technological innovations. From a single-press smart solution, the company has moved on to multi-press connections and cloud computing, linking ERP management and even AI computing systems to analyse Big Data.