NAPOLEON — Automatic Feed Co. has formed a spinoff company called LaserCoil Technologies LLC.
The company, based on patented technology developed by AFCO over the past five years, will focus on laser cutting of blanks from coil in aluminum, steel, and other materials.
LaserCoil Technologies says it will continue to advance the technology for application to the automotive, aerospace, agriculture, appliance, and other industries.
A spokesman said Automatic Feed has 72 employees in Napoleon and 130 overall. LaserCoil has 5 employees.
Guidelines: Please keep your comments smart and civil. Don't attack other readers personally, and keep your language decent. Comments that violate these standards, or our privacy statement or visitor's agreement, are subject to being removed and commenters are subject to being banned. To post comments, you must be a registered user on toledoblade.com. To find out more, please visit the FAQ.