Waukesha, WI—Walter, a cutting tool manufacturer has announced the appointment of two new regional channel development managers to support its overall sales organization, channel partner relationships and aggressive business growth strategy.
L Squared Capital Partners and GWS Tool Group announced that L Squared has partnered with GWS management to recapitalize the GWS. Financial terms of the transaction were not disclosed.
Hyperion Materials & Technologies Inc. announced that it signed an agreement to acquire Arno Friedrichs Hartmetall GmbH & Co. KG and its affiliates (AFC), a global solutions provider in premium tungsten carbide blanks used in the manufacture of high precision rotary cutting tools for drilling and milling applications.
IBC announces that WIDIA Products Group, Latrobe, Pennsylvania, has joined the IBC industrial buying group as a preferred supplier. WIDIA is a leading manufacturer of precision metalcutting tools utilized in CNC machining operations.
Kyocera Precision Tools introduces a CVD-coated cermet grade for production in a wide range of finishing applications. The CCX Grade is a new technology composed of a unique, high-strength cermet insert with a thick layer of CVD coating.
