Fagor Arrasate has integrated Danobatgroup’s coil laser cutting technology in its blanking lines for steel and aluminum.
Based in Spain, Fagor Arrasate specializes in the development of solutions for the forming and processing of metallic materials and composites. The Danobatgroup addition will complement its technical capabilities and allow it to come to market “with a more complete and innovative offer.”
The Danobatgroup coil laser cutting technology will enable Fagor Arrasate to access new markets, such as manufacturing of new components for electric vehicles, as well as other sectors such as HVAC, steel tanks, silos or cookware and knives.
“With the integration of the technology, know-how and experts in this field from Danobatgroup, Fagor Arrasate complements its current activities in the field of design and manufacture of metal coil cutting and processing lines and gives a decisive boost to its technical capabilities both for the development of laser cutting solutions and for the development of simulation software,” the company said. “The cooperative expects the new laser cutting lines to contribute additional annual sales of between EUR 10 million and EUR 15 million [Cdn$14.5 million and $21.7 million] by 2024.”
The operation is part of the collaboration that Fagor Arrasate and Danobatgroup—belonging to Mondragon’s Industrial Automation and Machine Tool divisions, respectively—embarked on a few years ago with the aim of identifying possible areas of collaboration that would enable them to become more competitive in the market.