NovaCast starts CGI production with Graphyte technology at own foundry Negotiations under way for first order NovaCast Technologies is soon to install Graphyte® software for production of CGI castings in its foundry at Camito Technology Center (CTC). The installation is made in preparation for CGI production at CTC. The company is negotiating the production of an interesting niche product. The installation will also increase the possibility for further verification of among others positive machining properties for customers in the nearby markets. “We have been conducting extensive verification production in a customer project for quite a long time. In cooperation with our customer we are preparing for production in our own foundry. The products we plan on casting will not disturb the large potential market we see ahead of us in the automotive industry, only this is clearly a niche market, says Camito Technology Center´s CEO Janni Dimovski. NovaCast Foundry Solution´s CEO Peter Vomacka says: “We see a clear advantage in production with the Graphyte technology at our own site, it allows better control of the continuous effectivization process while at the same time we can develop certain service functions for customers in the nearby markets”. 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, +46 454 751030 or +46 705652250. Visit our website www.novacast.se
NovaCast starts CGI production with Graphyte technology at own foundry
| Quelle: NovaCast Technologies AB