SMGT Ltd. takes delivery of Hydrapower press brake
Hydrapower Intl. Inc., Marco Island, Fla., has delivered a 3,000-ton by 44-ft. press brake to SMGT Ltd., an investment group based in Singapore.
The machine was shipped to the new SMGT joint venture company in northern Louisiana. It will be assembled in October and commence production of newly developed energy modules for gas transportation.
After testing and acceptance in late August, SMGT issued a contract for three more of the same press brakes.