Platinum ToolingClick image to enlarge

Tooling manufacturer Heimatec has become part of a new corporation: Platinum Tooling Technologies.

The new company will be led by Heimatec’s longtime president and COO Preben Hansen, who also holds a majority stake in the new entity.

“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.

Hansensaid that 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 the company’s main focus but it will continue to promote the Tecnicrafts and other product lines.

Other forthcoming developments 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 guide bushing and collet line from Tecnicrafts. Tecnicrafts manufactures products specifically for the Swiss machine tool market. Platinum Tooling will make a further investment in this line with extensive inventory and the purchase and installation of a grinding machine. The company says 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.”

The new Platinum web site can be viewed here.

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