This is looking into the "business end" of one of the smaller Komatsu punch presses. The dies are attached to the flat steel slabs above and below the vertical posts. When the upper die comes down it punches pieces from the strip of steel. The tool part slides down the ramp on the left while the waste comes out the front and lands in the bin in the foreground. Click here for the rest of the story: http://tinyurl.com/leatherman-tour