[Dark Orange]

Something we are about to experiment with at work for cutting 0.125mm polyester is a chemical etched tool. This might be suitable for small scale perforation punching and would be cheaper than a traditional male and female die set and probably cheaper than a steel rule die.

*POP*

Laser cutter - probably fiddly to set up, but would be quite simple once you got going. (For hobbyist quantities, that is)

*/pop*