Yes. Here are very similar parts produced with a punch press.[1] In Silicon Valley. Or in China.[2]
This sort of thing is probably about $40,000 for the first part, $0.05 for each additional part. Designing and making the custom dies is expensive. Banging out the parts is cheap. Mass production works.
This sort of thing is probably about $40,000 for the first part, $0.05 for each additional part. Designing and making the custom dies is expensive. Banging out the parts is cheap. Mass production works.
[1] https://www.petersenprecision.com/fine-blanking
[2] https://yonglihaomachinery.com/