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Product category: Manufacturing orders, contracts, financial reports
News Release from: Kasto
Edited by the Manufacturingtalk Editorial Team on 24 July 2003

Sawing 'Open House' attracted widespread
interest

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Over 50 people attended Rivers Machinery's July open house, during which four machines were sold. Further orders are expected in the coming months as a direct result.

Over 50 people attended Rivers Machinery's July open house, during which four machines were sold Further orders are expected in the coming months as a direct result

It was the first in-house show at the company's Southampton centre since sawing giant, Kasto, bought a two-thirds share of its long-standing UK agent, Rivers, at the start of 2003.

Managing director, Ernst Wagner, said that 40 per cent of visitors were interested in circular saws and machining centres for cutting aluminium.

Around a quarter focussed on carbide circular sawing of a wide range of materials including steels and exotic metals like Nimonic.

A third were steel stockholders looking specifically at how Kasto's vertical storage systems can streamline their operations, while the remaining visitors were in the market for bandsaws.

In terms of the manufacturing industries represented, automotive and aerospace predominated but window and conservatory manufacturers were much in evidence as well.

Wagner also commented that considerable interest was shown in off-balance-sheet operating lease options for acquiring machinery, which is already popular in the US and continental Europe but in its infancy in UK manufacturing.

Rivers works closely with Lombard to show potential customers how they can have a new machine on the shop floor without capital investment, provided work is available and there is an income stream to finance the lease.

Subsequent capital purchase is an option at any time, as is return of the machine if the work dries up.

So successful was the show that Rivers intends to hold another later this year, probably in November.

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