CECOR, which manufactures the "Sump Shark" coolant sumpcleaners and industrial carts, announced Jan. 8 that Urso & Urso Inc. has acquired the Verona, Wis.-based company from the RuMo Group LLC. The transaction, accorinding to a CECOR news release, will provide the company with greater access to more opportunity and resources for future growth.
Founded in 1955, CECOR will continue to be headquartered in Verona, Wis., and do business under the CECOR brand as an Urso & Urso Inc. Group. CECOR was purchased by the RuMO Group in October 2013 to help the company expand.
"This past year has been a record year of sales for CECOR," said Jeff Urso, president of Urso & Urso Inc.. "Our team plans on building on CECOR’s excellent reputation, and growing the company going forward."
Related Glossary Terms
Fluid that reduces temperature buildup at the tool/workpiece interface during machining. Normally takes the form of a liquid such as soluble or chemical mixtures (semisynthetic, synthetic) but can be pressurized air or other gas. Because of water’s ability to absorb great quantities of heat, it is widely used as a coolant and vehicle for various cutting compounds, with the water-to-compound ratio varying with the machining task. See cutting fluid; semisynthetic cutting fluid; soluble-oil cutting fluid; synthetic cutting fluid.