ALEXANDRIA, Va., Dec. 23 -- United States Patent no. 12,502,702, issued on Dec. 23, was assigned to Ariel Financing Ltd. (Surrey, Canada).

"Press brake with rotary tool assembly" was invented by Dragisa Djuric (Surrey, Canada) and Steve Hilton (Surrey, Canada).

According to the abstract* released by the U.S. Patent & Trademark Office: "A press brake machine configured to bend a workpiece. The machine includes an upper beam configured to hold an upper tool assembly that includes an upper rotary tool configured to hold an upper punch and an upper die. The machine also includes a lower beam configured to hold a lower tool assembly that includes a lower rotary tool configured to hold lower punch and a lower die. The upper rotary tool assembly...