GWS Tool Group acquires Indexable Cutting Tools of Canada

Published
July 14,2021 - 03:15am

GWS Tool Group in Tavares, Florida, finalized its third acquisition in 2021 and its first international acquisition with the purchase of Indexable Cutting Tools Inc.

Located in Welland, Ontario, Canada, and Edmonton, AB, Indexable is a manufacturer and distribution of ceramic, PCD and CBN inserts. The acquisition  strengthens the GWS offering with added capacity and capabilities in the insert tooling segment, as well as the complete vertical integration of ceramic blank production from powder. The company’s various ceramic inserts, which includes silicon nitride, white ceramic and whiskered ceramic are produced using patented microwave sintering technology. This offering and technology will bolster GWS insert capability while providing supply chain cost-savings that will make our ceramic portfolio even more value-added to its customers.

White ceramic inserts for cast iron and high-temperature alloys.“Indexable has a tremendous reputation for producing some of the most innovative and high-quality insert products in the industry,” said Rick McIntyre, GWS’ CEO. “Their expertise in the areas of ceramic material science is ahead of its time and will undoubtedly bolster our current and future ability to serve the rapidly evolving manufacturing industry,” McIntyre continued.

 

For more information, visit www.GWSToolGroup.com or phone 877-497-8665.

Related Glossary Terms

  • cubic boron nitride ( CBN)

    cubic boron nitride ( CBN)

    Crystal manufactured from boron nitride under high pressure and temperature. Used to cut hard-to-machine ferrous and nickel-base materials up to 70 HRC. Second hardest material after diamond. See superabrasive tools.

  • lapping compound( powder)

    lapping compound( powder)

    Light, abrasive material used for finishing a surface.

  • polycrystalline diamond ( PCD)

    polycrystalline diamond ( PCD)

    Cutting tool material consisting of natural or synthetic diamond crystals bonded together under high pressure at elevated temperatures. PCD is available as a tip brazed to a carbide insert carrier. Used for machining nonferrous alloys and nonmetallic materials at high cutting speeds.

  • sintering

    sintering

    Bonding of adjacent surfaces in a mass of particles by molecular or atomic attraction on heating at high temperatures below the melting temperature of any constituent in the material. Sintering strengthens and increases the density of a powder mass and recrystallizes powder metals.