Yes, provided the base machine is sized for the harder of the two jobs and the tooling can be swapped for the application. As an example, the SweBend SB3X-140 is used day-to-day for bending large support rings on pressure vessels, and the same machine spirals 100 x 30 mm S355 flat bar to ID 500 mm with a special roll set. The headroom that makes the spiral possible is what makes the everyday rings cheap to produce.