A mold houses a least one cutting die that defines a die axis. The mold has at least one punch aligned with the die axis and movable in a reciprocating manner that cooperates with the at least one cutting die to cut the laminate into the laminations by carrying out cutting steps. The mold has a centering device within the mold that locks the at least one cutting die into a desired position prior to each of the cutting steps. A punching movement of the at least one punch is coordinated with a feeding movement of the laminate to a location within the mold that is interposed between the at least one punch and the cutting die.