Heimatec Inc. to become part of new corporation

Published
November 28,2018 - 03:45pm

Platinum Tooling Technologies Inc.Heimatec Inc., a specialist in live tooling for the North American machine tool industry, announced today that it will become part of a new corporation, Platinum Tooling Technologies, Inc.  The announcement was made by the longtime president of Heimatec, Inc., Preben Hansen, who will lead the new company as its president and COO, holding a majority stake in its ownership.  Mr. Hansen is a 30-year veteran and recognized authority in the machine tool industry for tooling and its applications. 

“I’d been pondering this move for some time and, after considerable discussions with Heimatec GmbH, Tecnicrafts Industries, Henninger GmbH, and other principals we represent, it seemed time to make this decision and move forward with the new company,” said Hansen, speaking from the Heimatec North American headquarters in Prospect Heights, Illinois, just outside Chicago. 

Hansen continues, “The new company will enable us to serve our existing and new market opportunities in a more pro-active fashion.”  He cited the recent expansion of the Chicagoland facility, with added office and warehouse space, allowing more staff to be hired and greater inventories to be carried on all lines to be represented by the new company.  The Heimatec products will continue to be our main focus but we are fully committed to the growth and success of Tecnicrafts and our other product lines.    

Other developments in the works, Hansen states, include additional lines of machine tool accessories and related machine components.  Heimatec Inc. has been adding various other brand names to its roster over the years, most recently the very successful guide bushing and collet line from the global supplier Tecnicrafts Industries.  Tecnicrafts manufacture products made specifically for the Swiss machine tool market.  Platinum Tooling will make a further investment to this line with extensive inventory and the purchase and installation of a grinding machine.  Bringing this process “in house” will improve delivery times and strengthen market position. 

Additional personnel and sales representative firms are being sought to augment the existing team, Hansen notes.  “Nothing will change in our interaction with current customers, reps and distributors.  We’ll be enhancing our capabilities, however, with more application engineering, service technicians and staff dedicated to the specific tooling lines we represent.  In that way, our value proposition and overall service package to the industry will rise to new heights.”

A new website has been developed for Platinum Tooling Technologies, Inc., as well,  www.platinumtooling.com.

Related Glossary Terms

  • bushing

    bushing

    Cylindrical sleeve, typically made from high-grade tool steel, inserted into a jig fixture to guide cutting tools. There are three main types: renewable, used in liners that in turn are installed in the jig; press-fit, installed directly in the jig for short production runs; and liner (or master), installed permanently in a jig to receive renewable bushing.

  • collet

    collet

    Flexible-sided device that secures a tool or workpiece. Similar in function to a chuck, but can accommodate only a narrow size range. Typically provides greater gripping force and precision than a chuck. See chuck.

  • grinding

    grinding

    Machining operation in which material is removed from the workpiece by a powered abrasive wheel, stone, belt, paste, sheet, compound, slurry, etc. Takes various forms: surface grinding (creates flat and/or squared surfaces); cylindrical grinding (for external cylindrical and tapered shapes, fillets, undercuts, etc.); centerless grinding; chamfering; thread and form grinding; tool and cutter grinding; offhand grinding; lapping and polishing (grinding with extremely fine grits to create ultrasmooth surfaces); honing; and disc grinding.

  • grinding machine

    grinding machine

    Powers a grinding wheel or other abrasive tool for the purpose of removing metal and finishing workpieces to close tolerances. Provides smooth, square, parallel and accurate workpiece surfaces. When ultrasmooth surfaces and finishes on the order of microns are required, lapping and honing machines (precision grinders that run abrasives with extremely fine, uniform grits) are used. In its “finishing” role, the grinder is perhaps the most widely used machine tool. Various styles are available: bench and pedestal grinders for sharpening lathe bits and drills; surface grinders for producing square, parallel, smooth and accurate parts; cylindrical and centerless grinders; center-hole grinders; form grinders; facemill and endmill grinders; gear-cutting grinders; jig grinders; abrasive belt (backstand, swing-frame, belt-roll) grinders; tool and cutter grinders for sharpening and resharpening cutting tools; carbide grinders; hand-held die grinders; and abrasive cutoff saws.