Arch Global Solutions Acquires American Tool Service and OrthoGrind
ATS will become part of Arch Cutting Tools, while OrthoGrind will serve Arch Medical Solutions.
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Arch Global Precision, a manufacturer of precision cutting tools, industrial components, and medical implants and instruments, has acquired American Tool Service (ATS) and OrthoGrind, both based in Indiana.
ATS is a manufacturer of standard and custom carbide end mills, drills and rotary shank cutting tools for the medical, aerospace and general industrial markets. OrthoGrind provides grinding services for medical instruments, including drills, taps, reamers and extractors. Once the deal is closed, ATS will become part of Arch’s division.
“ATS brings an experienced and highly technical commercial sales team that places a high degree of emphasis on engineering solutions and design,” says Jeff Cederstrom, president of Arch Cutting Tools. “Adding ATS’s Eliminator series of high-performance end mills and design capabilities for custom tooling applications will drive incremental growth for Arch Cutting Tools. Furthermore, OrthoGrind’s medical instrument grinding services will be leveraged by Arch’s medical division, Arch Medical Solutions to expand the product offering for the AMS customer base.”
Todd Gibson, continuing president of ATS, says, “It was important to identify a partner with a strong presence in the cutting tool industry and one who shared a similar strategic vision for the business. Given the reputation and market position of Arch Cutting Tools, I was confident Arch would be the ideal partner to take ATS to the next level.”
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