Four products were launched, all of which benefit from Citizen's patented LFV chipbreaking software. They were the new L32-X, L32-XII and D25-VIII Cincom sliding-head bar autos on which the software is optional, and the Miyano BNA-42GTY, the first Citizen fixed-head lathe to have the addition of LFV in the operating system of the Mitsubishi control.
A further 11 machines were on display cutting metal, one of which, a Cincom L20, was equipped with a low-cost, automatic billet load/unload system instead of a barfeed. Most of the lathes had a sheet attached to illustrate the annual profit achievable if a customer purchases the machine and produces the demonstration part over 10, 15 or 20 hours per day. All examples showed a healthy margin.
In the best case, when machining a £2 brass part in a cycle time of 40 seconds for 20 hours a day on a 42mm capacity Miyano BNA-42S2 fixed-head turn-mill centre, subtracting the machine cost per year from the income from production of the component came to £881,520 per year, ignoring operating costs.
The open house featured a Made in the Midlands networking event on the last morning, in which 50 people from local member companies participated.
It was revealed during the presentation by Citizen Machinery UK's deputy managing director Darren Wilkins that the revenue generated by the machine tool division of the global business has recently overtaken that of the famous watches.
He also announced that sales in the UK and Ireland in 2018 were at a record high at 164 machines, propelling the company to a market leader for the supply of bar turning automatics; while the first quarter of 2019 saw it also become the leading supplier of sliding-head lathes in UK as well as the whole of Europe.
Much of this success is down to the introduction of LFV software on the Cincom platforms.
Citizen Machinery UK www.citizenmachinery.co.uk