Marposs acquires FL Tool Holders

Published
November 30, 2014 - 06:00pm

Measurement and control manufacturer Marposs S.p.A., Bologna, Italy, has acquired FL Tool Holders LLC of Livonia, Mich., a manufacturer of tooling and gaging products for the automotive, aerospace, marine and off-road manufacturing industries. FL Tool Holders is ISO 9001 certified and has engineering design and manufacturing capabilities to support manufacturing customers globally, according to the company. Additionally, the company offers an ISO/IEC 17025 accredited gage room, and provides on-site training, service and repair for its range of products.  

"Marposs is pleased to welcome FL Tool Holders into our group of production companies," said Marposs President Stefano Possati. "Their technical and production capabilities perfectly complement Marposs' abilities in the areas of gaging and machine tool accessories. This acquisition gives Marposs greater opportunities to serve our customers both in North America and the rest of the world." 

Keith Strucel, general manager at FL Tool Holders, added, "Working with Marposs represents a huge opportunity to promote FLT products on a broader geographic scale, initially in North America through Marposs Corp., and eventually through the worldwide Marposs distribution network."

INDUSTRY NEWS

04/29/2024
The global market for high speed steel (HSS) metal-cutting tools estimated at $11.3 billion in the year 2022, is projected to reach a revised size of $16.8 billion by 2030, growing at a CAGR of 5.1%…

04/25/2024
Swedish startup PaperShell has developed a cellulose fiber composite that they refer to as “wood metal” and it can be formed into flat or complex-shaped components. 

04/16/2024
Shelton Machinery has acquired Municipal Tool & Machinery, and launched a new parent company called TSM Group. TSM is the new parent of Shelton Machinery, Concept Machinery and Municipal…