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OTC Tools (originally Owatonna Tool Company) is a tool and equipment manufacturer. It was founded in Owatonna, Minnesota , by Godfrey Kaplan, who operated a small machine shop there. Kaplan's son Rueben, invented the "Grip-O-Matic" universal gear puller and received his first patent. [ 1 ]
In 2006, The Carlyle Group bought 68 percent interest in the company with Brentwood owning a reported 25 percent. [12] On August 24, 2010, Oriental Trading Company via OTC Holdings Corp. filed for Chapter 11 bankruptcy protection. During the bankruptcy procedure, the company had plans to cut half of its $1 billion of debt.
OTC Markets Group, Inc. (formerly known as National Quotation Bureau, Pink Sheets, and Pink OTC Markets) is an American financial services corporation that operates a financial market providing price and liquidity information for almost 12,400 over-the-counter (OTC) securities. [3] The group has its headquarters in New York City.
Press tools are commonly used in hydraulic, pneumatic, and mechanical presses to produce the sheet metal components in large volumes. Generally press tools are categorized by the types of operation performed using the tool, such as blanking, piercing , bending , forming , forging , trimming etc.
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Manual goldsmith press General-purpose hydraulic shop press Power press with a fixed barrier guard A HACO CNC hydraulic press brake A press brake bending a sheet of steel. A forming press, commonly shortened to press, is a machine tool that changes the shape of a work-piece by the application of pressure. [1]
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