Results for

Stamping and forming machine - Import export

171 Companies

61 Products

OTTO BIHLER MASCHINENFABRIK GMBH & CO. KG

Germany

As world’s leading system supplier in the areas of stamping, forming, welding and assembly technology, Bihler stands for certified top technology “Made in Germany”. The family-owned company with 1.100 employees offers manufacturers of stamping and forming parts as well as assembly producers powerful machine systems, flexible process modules and intuitive control technology combined with highly cost-effective automation solutions. Since the company was founded in 1953, Bihler has successfully implemented more than 12, 000 customer-specific solutions. In addition to machine and plant engineering, Bihler is a premium provider of 3D technology software for the construction of stamping and forming tools.

All the products for "stamping and forming machine"

Multi-slide machine - RM 40K

Multi-slide machine - RM 40KS

Multi-slide machine- MCS 1

Multi-slide machine - MC 120

Multi-slide machine - MCS 05

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LEBRONZE ALLOYS

France

Lebronze alloys Group was born from the integration of different companies specializing in copper alloys, copper, nickel alloys, aluminum alloys, specialty steels, stainless steels, titanium and nickel superalloys. Thanks to a multidisciplinary know-how, the Group provides innovative solutions to all major industries such as Aerospace, Oil & Gas, Power, Railway but also in sectors manufacturing smaller equipment and products. Our 16 production facilities and 1, 400 employees manage a unique range of metal processing technologies: continuous and semi-continuous casting, sand casting, die precision chill casting (manual, mechanized and automated), centrifugal casting, extrusion, ring rolling, hot and cold rolling, drawing, open-die forging, hot stamping, closed-die forging, cold forming, machining, non-destructive testing, etc. The Group’s commitment is to find appropriate and optimized solutions for every sector’s requirements.

All the products for "stamping and forming machine"

Pistons for aluminium pressure die casting

High performance copper alloys for electronics

Brazing and welding fillers

WELDING CAPS AND WHEELS

Pistons for pressure die casting

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NEW S. B. ENTERPRISE

India

SUPPLIER/SUBCONTRACT FOR PRECISION SHEET METAL SPECIALIST A long established, sustainable, and internationally experienced Indian company specialised in precision engineering and system technique offers manufacturing and subcontracting agreements to customer requirements. The India SME has developed extraordinary skills not only in production, but also in the fields of supply, programming, prototype design and assembly of high precision machine components (single components, assemblies, special-purpose machines). Services Area/Products LASER CUTTING PARTS | TURRET PUNCHING PARTS | SHEET METAL FORMING | STAMPING PARTS | PRECISE MACHINE PARTS | WELDING AND FABRICATED ASSEMBLIES | ELECTRICAL AND ELECTRONICS PANEL | POWDER AND PAINTING | ELECTROPLATING/GALVANISING Key Sectors Rail Industry | Earth Moving | Transport | Industrial Machinery | Cabinets & Enclosures | Furniture | Textile machinery | Safety & Security | Power Industry Why NEUMET ? Established 2015 l Origins back to 1990 l Low cost Country benefit l Based in INDIA Factory: 35, 000 square feet l Over 100 Employees l Extensive certification l l Extensive Manufacturing capabilities l Experiance for all industry
PHOENIX TECHNICAL ENGINEERING CO., LTD.

China

Phoenix Technical Engineering Co., Ltd is specialize in plastic injection molding, die casting, extrusion, machining, stamping and forming. We can create each mold or metal part in aluminum, copper, steel and other materials. As a precision parts supplier, we have equipped with many advance production devices, such as 5 sides machining center and 5-axis vertical machining center (from Japan Mori Seiki), High speed CNC machining center, Computer controlled lathe, high speed grinding machine, slow feeding wire-cut machine, advanced microscope, projector, Zeiss CMM, hardness tester and Swiss high instrument etc. High precision product, steady supply capability and mass production are our advantages. Product precision is up to 0.002mm which is admitted in Japan, Germany, Unite states, Canada, Italy and Russian etc. If you want know more we can send the products introduction and catalogues. Aslo you can visit our website.
CUPASO DEUTSCHLAND GMBH

Germany

We can look back on over 20 years of experience in the industry. We have bundled our know-how in the areas of lettershop, packaging as well as addressing and labelling in the Mail-SysTec GmbH for your benefit. We have numerous complete systems and individual components in the process of being rebuilt or overhauled at any time. We also have an extensive range of new systems from our own production and from our partners AUTOVAK AUTOMATION / BVM BRUNNER / JPACK / TECNIMODERN and other brands. This enables us to put together a specific solution for your requirements at short notice. Whether with one of our new machines, used machines or through maintenance, servicing or even a general overhaul of your existing systems - we are not finished until your production is running smoothly again! We are also happy to accompany your processes, train and coach your employees on the equipment and thus improve the efficiency of your processes.

All the products for "stamping and forming machine"

AUTOVAK Tip Forming And Stamping Machine RD04

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BOSPORAS

Turkey

Introducing Bosporas Machinery, a leading name in metal processing. Established in 2006 in Turkey, with over 20 years of unrivaled expertise. Our relentless pursuit of innovation and unwavering commitment to quality propel us to deliver engineering design solutions customized to your precise requirements. We offer full technical support to ensure peak machinery performance. Whether you use steel coils or sheet metals, we provide tailored solutions for optimized manufacturing processes. Our extensive product portfolio includes: •Cut to Length Lines •Slitting Lines •Roll Form Lines •Decoiler Machines •Recoiler Machines •Straightener Machines •Leveler Machines •Feeder Machines •Servo Feeder Straighteners •Shear Machines •Press Machines Crafted with precision engineering and renowned for their reliability, our machines guarantee unmatched efficiency and consistency in your metal processing endeavors. With our dedicated R&D team, we continually enhance our products for top-tier performance and durability. Our expertise covers various metal materials like steel, aluminum, and brass, meeting diverse industry needs. Certified with EU CE documentation, our machines adhere to European standards, ensuring excellence and safety. With a track record in North America, we surpass global quality benchmarks. Partner with Bosporas Machinery to leverage over two decades of industry-leading expertise. Elevate your metal processing operations – contact us today for more information!

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GEORG MASCHINENTECHNIK GMBH & CO. KG

Germany

Georg Maschinentechnik specialises in ball retainer automatic stamping machines and forging presses. Our range of products also includes mechanical and hydraulic presses for sheet metal forming, as well as complete turnkey systems with automation. Moreover, we can provide you with cost-effective concepts for refurbishing and retrofitting presses. Georg Maschinentechnik is an expert and reliable partner when it comes to robust and high-performance systems technology with customisation.

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JOKA WERKZEUG- UND MASCHINENBAU GMBH & CO. KG

Germany

JOKA Werkzeug- und Maschinenbau GmbH & Co. KG's manufacturing and product range includes cutting and punching tools, as well as bending tools and hydraulic tools in standard and special models. The variety of standard tools ranges from punching units for round and form holes to tools for notching tube ends. In addition, JOKA offers special stamping tools for sheet metal and profiles of different material thickness for use as punching tools. All of the standard model punching units have replaceable cutting elements. Our range of services also includes developing and manufacturing hydraulic punching tools in special designs for sheet metal and profiles, custom-made and tailored to the customer's requirements. Our manufacturing range is rounded off by hydropneumatic tabletop presses for punching machines which have an integrated system for holding the punching units.

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MING XIAO MANUFACTURING CO., LTD

China

Ming Xiao Manufacturing Co., Ltd. is a professional ISO9001 certificated Metal Parts & Plastic Parts manufacturer, Located in China Ningbo, Specialized in Services of Sheet Metal Fabricating, CNC Turning & Machining, Tube Bending, Cold Forging & Hot Forging, Plastic Injection Molding & Plastic Extrusion. We produce small & large turned parts and machined parts, Precision CNC Turned Parts by CNC Turning & Milling. Metal stamping Parts, Deep Drawing Parts, Metal parts welding and forming, Pipe Bending & fabricating components, Cold & Hot Forged Parts from Stainless Steels, Carbon steels, Brass & Copper, Aluminum Alloys. And produce Plastic injection molded parts, Plastic extrusion profiles and tubes. We are working metal parts & plastic parts for various industries, custom produce a wide variety of machine parts and hardware components according customer’s drawing or sample, such as metal shafts, steel rods, bushings, Sleeves, Flanges, tubes, pipe coupling, fittings of valves; Metal stamping brackets, frames, clamps, casing, housing; deep drawn components; tube bending components; cold & hot forging parts, studs, bolts, screws, nuts, pins; steel wire forms, metal springs and all kinds metal components, plastic injection molded parts, plastic extrude profiles and pipes… We provide a wide range of machining services, can satisfy the customer many types of products one-time order. If you need custom any metal parts or plastic parts, pls feel free to contact us for a quote.

All the products for "stamping and forming machine"

China Sheet Metal Parts

Metal Stamping Parts

Metal Stamping Frames

China Metal Stamping Parts

Metal Stamping Parts Painted

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PLASTIV SP. Z O.O.

Poland

Manufacturer and distributor of plastic parts with many years of experience and knowledge in the field of plastics processing and the development of injection molds for injection molding production. Comprehensive service for our customer's projects, assessed on their complexity. Product development services from designing the injection mold through their production to the manufacturing of the final product. Our staff has an assessment of the material and technology supported by many years of professional experience in the plastics processing industry and the production in the automotive industry. We also provide consulting services on request in areas listed below: • Project management • Technical consultancy • Strategic and operational management • Maintenance management • Production management COMPANY OFFER: • Custom injection molding production in cooperation on molds provided by the customer • Outsourcing of production - injection molding machines up to 100T and weight up to 158g PS. • Performing inspections of the molding tools on request (forms up to 1T) • Production and distribution of plastic products - details on request • Manufacturing of molds and customized metal precision parts - details on request • Distributor of standard parts for injection molds like date stamps, ejectors, standard sleeves and other components for the molds • Distributor of quick couplings for molding tools • Consulting services on request Please send an inquire to our email address.

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AHA ALBERT HAAG GMBH METALLDRÜCKEREI - METALLWAREN

Germany

We draw, punch, stamp, spin We process steel, metals and sheets With economical batch sizes, deep drawing is an effective alternative to metal spinning. Typical characteristics include high levels of precision, constant material thickness and fast production times. Our other products include: Forming technology, metal hemispheres, metal funnels, metal spun parts, pressed parts, stamped parts, drawn parts, apparatus and container manufacturing, machining and processing sheet metal, metal forming, etc.

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EMAIREL

France

For over 40 years the Emairel plastic processing company has specialised in thermoforming. We work in a wide variety of fields, such as automobile, packaging, caravaning, medical, POS, logistics packing. Quality and sustainability, respect for the client and team-spirit are the cornerstones of our family-run company's philosophy. This is why in 2007 we took the decision to expand our activities to include the development of environmentally-friendly solutions for city mobility, electric vehicles for private and commercial users, as well as renewable energy projects such as, for example, micro wind turbines for domestic uses.Our core industrial expertise lies in thermoforming, 3- and 5-axis machining, assembly, as well as more traditional skills that include pressing and stamping, vacuum forming and upholstery in leather or imitation leather.

SOCIETE NOUVELLE SOCOPRESSES

France

SOCIETE NOUVELLE SOCPRESSES supplies standard and specific industrial machinery (special machines), specifically hydraulic presses, electric presses and riveters. We have developed two types of skill sets: design engineering for standard and special products, and studies to integrate machines into a process, both undertaken in partnership with our clients. Our machines are used in 4 primary activities: assembly, compression, blanking and pressing. FROM STANDARD PRESSES TO CUSTOM MACHINES, we have the expertise you need. We are a French manufacturer of machine tools. We offer a wide range of machines to allow you to assemble, form, sleeve, adjust, crimp, stamp, trim, rivet, compress, plane, measure, inspect, extrude.
QUALITY METAL PRODUCTS.,CO

China

20 years experience in mechanical parts manufacturing and processing, built up our high precision, high standards of metal parts processing technology.Now, the company has already formed the cutting, bending, stamping, welding, grinding, CNC machining, sheet metal processing, zinc plating, chrome plating, one-stop service. Company wined good reputation in the Chinese and global market. We promise "complete specifications, prompt delivery, high quality, competitive price, ". The unwavering supports you provide, along with the increasing requirements you put contributes to more varied high-quality products with more competitive prices we offer. Win-win situations are always our same pursuit. We warmly welcome friends and cooperators from all over the world! Seeing is believeing, welcome to visit our factory!
E-TECHNIK A.S.

Czech Rep.

Our company has long-term tradition in manufacturing of small thermal home appliances. Operation system is consisted of shop floor as follows: •pre-manufacturing •production of kettles and coffee machines •production of cookers, vycuum cleaners and vacuum bottles Sheet metal pressing, forming, welding. Grinding, milling and CNC machining. Manufacture, installation of small heating appliances and equipment. Products: small thermal appliances, cookers, electric kettles, coffee makers, iron plates, manufacture, installation, sheet metal stampings up to a thickness of 3 mm. Company has its press shop of metals, final assembly of products completation and its own test room, where the long-term tests are provided.
HUTTENLOCHER & SCHÄFER GMBH

Germany

HSK is a German family-owned business which manufactures motorised eccentric shears. Using upstream or downstream machines, our cutting machines are linked to an automatic cut-to-length or trimming systems. These shears are designed and manufactured in consultation with customers. The drive for the crop, cut-to-size or slitting shears are designed according to customer requirements and a drive using a three-phase or servo gear motor, or a drive using a flywheel and clutch-brake combination is used. Unlike single motorised guillotine shears, HSK guillotine shears with electric control are used for cutting or trimming metal sheets. However, it is also possible to cut other materials, such as plastics, CRP/GRP, non-woven fabric, foam and precious metals. This is mainly in the form of panels but is also possible in the form of reshaped workpieces, such as stamped parts and profiled sheet metal, or direct from the coil.
ATLAS PRESSED METALS

United States

Founded in 1976, ATLAS PRESSED METALS is a manufacturer of complex and simple structural iron, sinter-hardened steel, stainless, copper, brass, and bronze components utilizing the pressed metal (also known as sintered metal and powdered metal) process. ATLAS PRESSED METALS serves a diverse array of markets, including automotive, appliance, lawn & garden, industrial, recreational, medical, energy, and more. As a member of the Metal Powder Industries Federation, MPIF, we are continuously working with our peers in the industry to raise the bar in offering trusted powdered metal solutions. As a leader in powdered metal manufacturing, ATLAS PRESSED METALS’ success is built on our ability to help customers fully realize the advantages of PM. For structural components, PM regularly replaces machining, casting, and stamping as the preferred metal-forming method in manufacturing quality components.
HANGZHOU FULAI MECHANICAL PARTS CO., LTD.

China

The company locates in Hangzhou, China, and is established as united export department on the representative of HUILI etc. several local factories. The company focuses on the various custom metal parts mostly as follows: 1) Metal precision machined parts & components such as large heavy steel rollers (paint, Teflon, chrome and EPDM rubber coated) and conveyor idlers, shafts, beams, frames etc. via operation of CNC turning, drilling, milling, grinding and welding etc.2) Sheet metal fabrication (forming, press, stamping, NC punching, flame cut, laser cut, water-jet cut, bending, TIG/MAG welding and so on) such as aluminum cases, stainless steel cabinets, machine cover and shells etc.. 3) In addition, we provide not only custom metal parts but also relative service such as design, surface treatment (paint, zinc plating and anodizing etc.) and assembly for components. As an experienced custom metal parts provider, we are looking forward to be your subcontractors or OEM as long-term coo
GINGERM INDUSTRIAL CO., LIMITED

China

Gingerm Tool & Die Co., Limited is a professional designer & manufacturer of stamping tool & dies in China. Such as, Progressive Dies, Transfer Dies, Compound Dies, Line Dies (Blanking Dies, Piercing Dies, Drawing Dies, Forming Dies, Trimming Dies and etc). They are mainly used for Automotive, Household, Electronic, Medical industry. Our high quality stamping dies are on the basis of precision machining, accurate fitting of sections and superior surface finishing on critical areas. The area of our company is about 1, 500 square. There are more than 40 people in Gingerm which located at Shajing Town , Shenzhen City. Where is near by Shenzhen Bao'an International Airport. They are abundant experience in tool & die building as well as designing. Gingerm's design concept : Material Saving, Process Optimization, Time Effect. Gingerm insist on the aim of “Customer First, Quality Priority” to make our clients get sufficient guarantee of our promise by standard program & stick quality.
TRIANGLE TOOL&DIE CO.,LTD

China

Triangle Tool & Die Co., Ltd was founded in 2007, located in Hengtang Village, Tangxia Town, Dongguan City, Guangdong Province, China. It covers an area of 3, 200 square meters, have about 80 employees. We are a professional manufacturer on metal stamping die and small valume metal stamping, also provide detail machining, we can also build checking fixture . Our stamping dies are mainly for automotive parts, home appliances, office equipments, and electronic parts etc. we are good at progressive die , single die, roll forming die, draw die, and so on. And familiar with both metric and English tools. At present, we can build more than 150 dies per month, sales value is about 1, 500, 000 RMB per month. Mainly build tools for 500T press and below. material thickness is from 0.1~8mm. Half of our sale is for domestic market, half of them is for oversea market. Most of our dies are exported to USA, European and Japan etc.Our engineering team normally use AutoCAD, UG, Pro-E, So

HANG SHING LABEL PRINTING PRODUCT CO., LTD

Hong Kong

Equipped with our modern production system and experienced staff, we are able to deliver with short lead times a wide range of products to serve our customers from different trades and industries. We can work with almost any type of raw materials : paper, vinyl, polyamide, polyester, metal foil, PC, Pet etc. We are also fully competent in application of a combination of different manufacturing processes: multi-colour letter press printing, hot stamping, UV drying, embossing, lamination and die cutting. All our products can be supplied in either roll or sheet form. We have German KBA Five-Color UV Sheet-fed Offset Press Machines，Japan Five-Color UV Intermittent Label Printing Machines，Six-Color Rotary Press Machines，Four-Color Label Marking Machine，Auto-rolling Screen Printing Machines, Semi-auto Screen Printing Machine，Hot-stamp machines，Die-cutter machines，Masking machines，Sheeting/Slitting Machines，Flexographic Machine etc.
HTA INTERNATIONAL CO. LTD.

China

Chinentech Industrial Limited, An ISO 9001 manufacturer in China specializing in the global supply of OEM Metal parts, such as metal stamping parts, turned parts, cold forming parts, CNC precision parts and other machining parts. Capable of low & high volume requirements made from ferrous & non-ferrous metals to all major industries. , metal-Stamping, auto-turning, milling, multi-spindle, CNC, cold forming, forging, high/low volume, inventory management, JIT, PPAP lever 3& Lean. 80% of our products are exported to USA and Europe. It is located at NingBo City of China, Which is a modernization mechanical industry city.Taking “solution, service and quality” as our principle, we highly respect requirements from every single customer with trust and honesty.
NINGBO XIANGLONG METAL PRODUCTS CO., LTD

China

Witage specialises in OEM and ODM manufacturing on stainless steel and metal framework chassis. we serve customers from all over the world with designed products by stamping, forming, bending, welding and assembling, which widely use on the food machinery, medical and sport instrument, automotive accessory and house living ware. Our main products are shower drains, coffee machine parts, office furniture parts, safe box, and other metal stamping products. Over 90% of our products are exported to the developed market. We were validated ISO9001: 2000 by the TUV Germany in 2004, and ISO14001: 2004 in 2005.We have built up the highly efficient management system, and we also have the excellent working group members who are advanced in mold designing and making, with advanced welding technique.
HEAPS, ARNOLD & HEAPS LTD

United Kingdom

Heaps, Arnold and Heaps Ltd are manufacturers of Lead, Tin, Zinc and alloyed products in extruded, cast and machined forms. Our wide and diverse product portfolio covers applications in a range of U.K and worldwide market sectors, including, engineering, construction, electronics, chemical, marine, medical and defence. Alongside our range of standard products, we offer a tool, mould making and machining facility, allowing bespoke products to be manufactured to client specification. Heaps, Arnold and Heaps Ltd pursue a vigorous development programme within existing and emerging markets, working closely with our clients to offer solutions to one-off projects or large volume production runsOur Product Range Includes: Tin Plating AnodesChrome Plating Anodes'Capsol' Plumbing Solder WireLead BallastLead CameLead Sash Bars and WeightsRadiation ShieldingIndustrial SoldersLead Profiles - Wire, Tape, Rod, Bar, Strip, BlocksLead Stampings
ADV-TI TITANIUM INDUSTRY (GROUP) CO., LTD.

China

The company which is strong in scientific research, counts within its team members several postdoctoral fellow, Dr. , master . Moreover, it is in cooperation with several scientific research institutions. It has gradually formed independent research and development, developed and specialized in the production of independent innovation, business model. Companies in the titanium alloy production specializied in the foundry (graphite mold, casting, stamping, rolling), precision machining, surface treatment.Our products are widely used in aviation, aerospace, ships, weapons, chemical, petrochemical, metallurgical, power, light industry, construction, pharmaceutical, marine engineering, automobile, sporting goods and other various fields of the national economy.
NANGTONG LIJIA TECHNOLOGY COMPANY

China

forging, hot forging, bending, welding, hobbing, grinding, MIG, TIG, Transmit part, optical part, Al forging, Al welding, FORMING, STAMPING, DEEP DRAWING, FRESNEL, GEAR, CYLINDER, PISTION, forged, exhausting manifold, Al cracket, bycicle cracket, worm, cone worm, worm gear, engine part, connecting rod, crankshaft, gear shaft, flange, york, coupling, valve part, check valve, angel valve, lamp housing, hose reel flange, mat squeegee, car washing part, hinge, clamp, magnifier, plastic gear, meter gear, inductor part, machining, precision machining, CNC, Curling, bulging, necking, flanging, spinning, blanking, shaving, plastic injection
SOLIDWORKGROUPS (SHENZHEN) COMPANY

China

Solidworkgroups Company was founded in 1985 and is one of the most professional engineering and manufacturing companies in China. We specialize in a wide range of precision machines, sheet metal, welding/casting, metal injection molds (MIM), automotive door operators and metal stamping/assembling/forming to meet the demand of manufacturing parts, components and assemblies required by different customers on OEM basis. Our main products include automatic door opener, home elevator, platform screen door parts, refrigerator & air-conditioner compressor parts communication parts, bend tube, medical equipment parts etc. Our goal is to constantly establish our trust and maintain a long-term cooperating business relation through our performance, responsiveness and flexibility. We emphasize innovative and skilled personnel who are constantly upgrading quality; award and offer an opportunity to promote those people.
GIETZ & CO AG

Switzerland

Founded 1892 by Johannes Friedrich Gietz, the Gietz company is recognised today as a worldwide leading supplier of machines for both foil stamping and print finishing. At the same time, Gietz is established as a first-class trading house for printing and finishing machines in the Swiss market. The Gietz group is located at two facilities: Gietz AG in Gossau builds foil stamping machines and machines for the gluing and forming of conical trays. Gietz & Co AG in Dietlikon supplies machine systems from well renowned foreign manufacturers to the Swiss graphics industry. Distributors in more than 40 countries guarantee the representation of Gietz worldwide. The Gietz group with over 80 employees is a 100% family owned business. Gietz Foil Stamping Technology. Since 1892, Gietz has supplied outstanding high-performance machines to the printing and packaging industry.
ZHEJIANG XINLEI PACKAGING CO.,LTD.

United States

Established in 2002, Zhejiang Xinlei Packaging Co., Ltd. is a professional manufacturer of plastics containers, providing complete service, such as mold design, injection molding, hot-stamping, silkscreen, UV coating and assembly. Xinlei is located in Industrial Area, Shaoxing Binhai New City, Zhejiang Province, near the freeway exit of South Shaoxing Binhai New City. The transportation is really convenient. We attach great importance to the innovation of products, form professional supporting services and establish a long-term friendly relations with both worldwide cosmetic companies and health-care products companies. Xinlei has advanced production equipment and strong technical force, equipped with precise injection molding machines which are imported, automatic printing machines, automatic hot-stamping machines vaccum metalization machines and testing equipment. We could provide one-stop services such as design, 3D hand board, mold making, sampling, silk screen printing, hot-stamping, UV coating, etc. Meanwhile, the combined force of IS09001 and ISO14001 certificates as well as an effective management system, guarantees our products’ high quality and upgrades our company's image.
WUXI CM-HIGHTEC CO.,LTD

China

Wuxi Ceramic-Metal High precision Technology Co., Ltd. is a manufacturer of high-performance Ceramics and Metals for industrial applications.CM-HighTec is your strong german partner for demanding tasks in the area of metal forming and machining applications. With our expertise we will find the most cost effective solution for your product. We process metal and technical ceramics with high precision, and stamping - bending with modern machines in best quality.Our manufacturing facility allows us to pass the cost savings directly to you. An international team under German management is always at your disposal. Please do not hesitate to ask us your questions. We find the solution.Secure today for your cost reduction.