Definitely a strapping cutter for steel strapping. At least 1 cutting jaw is replaceable.
If it ain't sprung it's definitely a keeper and worth some derusting time.
That goldmine you hit is a good place for a molasses tank setup.
Thanks so much! That makes sense having found stainless strapping and a strapping ratchet.....strangely I just recently picked up a early strapping ratchet (not knowing what it was) at a local pawn shop for $20.
What's with a molasses tank?
1, that cutter is NOT for use on ss strap. SS strapping will warp the damn jaws. SS strapping requires completely different tools from steel strapping.
I know this because my helper ruined 3 of those dam cutters making ss precuts to save time.
They cannot be sent back to the manufacturer for straightening either. If they're hosed out sell them to a tow truck scrapping cars. They still work well for gas tank strap removal.
The ss strap you found may be hose strapping. If it is there will be lettering stamped into one side.
Molasses tanks are a cheap minimal labor required rust removal system. Cow molasses comes in bags from the feed store.