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COMEQ and SAFAN Announce Partnership

Maritime Activity Reports, Inc.

June 13, 2011

COMEQ, Inc. of White Marsh, MD, and SAFAN of Lochem, the Netherlands, have announced a partnership for the sales, service and parts supply of the SAFAN line of sheet metal and steel fabricating machinery. SAFAN, a long-time manufacturer of hydraulic press brakes and hybrid shearing machines, was the first to develop "servo electric" press brakes in 1995. Many of the SAFAN E-Brake servo electric press brakes had been sold under the Finn-Power brand name throughout North America.