Dayton Progress announces plan to transfer punch blank production
Dayton Progress has announced that its parent company, Misumi, will expand and adopt Dayton’s blank-making process at its blank factory in Vietnam, which supplies all Misumi punch-making factories worldwide with blanks. Over the next several years, the manufacture of Dayton semifinished punch blanks will transfer from Ohio to the Vietnam plant.
Quality, metallurgical integrity and consistency, and delivery all will be unaffected by this transfer, the company reports. The 500+ jobs at the Dayton location will remain, freeing up capacity and space for continued growth.
Dayton Progress Corp. manufactures tooling for metal stamping and forming, with 10 factories in North America, Europe, and Asia. Misumi Group Inc. is a global supplier of factory automation products and die and mold components.