A press brake for bending a workpiece that includes a movable ram and a support beam. The press brake includes a backgauge that has an arm with a plurality of fingers for grasping the workpiece. The arm is mounted to an arm support that is mounted on a carriage that is mounted on a backgauge support frame. The arm is configured to swing relative to the arm support in a plane perpendicular to the carriage from a position projecting away from one side of the carriage to a position projecting away from the other side of the carriage. The carriage is configured to rotate 180 degrees so that opposite sides of the workpiece may be positioned under the ram to thereby allow for bending operations to be performed on opposite sides of the workpiece without removing the workpiece from the backgauge.