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Research and development of the LaserCoil approach to laser blanking was initiated in 2008 by the Automatic Feed Company (AFCO). Founded in 1949, AFCO has extensive experience in developing traditional blanking and cut-to-length lines, providing them insight and the innovation to meet future blanking needs.

LaserCoil patent filings began in 2009 and after the completion of successful pilot programs, LaserCoil Technologies LLC was formed in 2011, and staffed by former AFCO employees to take the technology to market. This depth of experience provides LaserCoil the right qualifications to deliver effective and unique press feeding technology along with the advantage of being a related party to Automatic Feed Company.