Nowadays, many components which were earlier cast or machined have now been replaced by steel metal stampings. Material economy and the resultant reduction in weight and cost, high productivity and a high degree of possible precision have made press-work essential for many mass-produced products such as electronic appliances, utensils and car parts. Although, laser-cut technology is widely developed and more flexible in terms of variety of produced components, it cannot reach the extremely high productivity rates of a progressive die. Progressive die can perform a sequence of operations, in different stations at a single stroke of press. In this work, an innovative progressive die consists of two stations was designed, in order to produce a complex metal part with three different manufacturing processes. The components of the die have been calculated by mathematical formulas and empirical data, designed with Computer Aided Design software and analyzed by Finite Element Analysis tool.