Walter Surface Technologies acquires ArcOneClick image to enlargeWalter Surface Technologies has acquired ArcOne, a provider of industrial safety products based in Taunton, Mass.

Through this acquisition, Walter adds a unique personal protective equipment product line to its offering, complementing both its high-end metalworking products and its workplace safety seminar program.

"ArcOne brings a solid network and expertise that will allow us to continue our mission to help our customers work better," said Marc-André Aubé, CEO of Walter. "This transaction is an unequalled opportunity to build up our activities in the North American market as we continue to evaluate other growth strategies, namely through accretive acquisitions," he added.

Edward Martin, President of ArcOne, welcomes the new relationship: "We saw in this opportunity the perfect alignment of both products and values. We are proud to see ArcOne adding its unique safety products line to Walter's renowned and robust offering. The fit is right, the timing is right. We are poised for more growth and excitement."

Following this transaction, ArcOne will continue to operate under its own brand. The transaction is effective immediately, and activities for both customers and suppliers remain unchanged.

For more information, visit www.arc1weldsafe.com.

Bombardier forecast: 24,000 deliveries; $626 B revenue

Bombardier sees a bright horizon for its business aircraft business. It predicts it will deliver 24,000 jets worth $626 billion in its 20-year industry delivery forecast.

Grinding Know-How

For Mike Truic, CNC grinding operator at Northstar Aerospace, the grinding seminar hosted by United Grinding and its Canadian distributor Machine Tool Systems Inc., is a must-attend event.

CMTS Highlights: Sandvik Coromant "Smart Hub"

In the competitive cutting tool industry, suppliers need to set themselves apart from the competition.

Terry Yamazaki In His Own Words by Ray Chalmers

In October 2011, I became aware of Terry Yamazaki's death. The chairman of Yamazaki Mazak Corp., his obituary (he died September 15, 2011, at the age of 82) was carried on Mazak's website and in the October issues of many North American metalworking magazines.

Stay In Touch

twitter facebook linkedIn