Following this transaction, both Drillco and Triumph will continue to operate under their own respective brands. Click image to enlargeMontreal-based Walter Surface Technologies has acquired two cutting tool manufacturers, expanding its cutting tool product offering to metalworkers.

Drillco is a Baton Rouge, La. premium cutting tools maker with a complete range of domestic and imported metal cutting tools, including drills, taps, dies, reamers, burs, annular cutters and more.

Triumph Twist Drill is a division of Minnesota Twist Drill and makes high quality cutting tools.

“We are very excited to welcome both Drillco and Triumph to the Walter family,” said Marc-André Aubé, CEO of Walter. “Drillco brings a solid distribution network and product expertise that will allow us to continue our mission to help our customers work better. This is complemented by Triumph’s state-of- the-art manufacturing facility. 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.”

Following this transaction, both Drillco and Triumph will continue to operate under their own respective brands.

The transaction is effective immediately, and Walter says activities for both customers and suppliers will remain unchanged.

Yaskawa, ESAB building robotic welding cells

The ESAB Group Inc. and robot systems manufacturer Yaskawa have partnered to jointly develop and market a line of pre-engineered robotic welding systems.

Don Zazula new head at YG-1 Canada Group

Don Zazula has joined YG-1 Canada Group as president.

Stoking up Business

by Noelle Stapinsky

Ontario job shop redefines itself with OEM products

5 axis waterjet cutting

by Dr. John Olsen

Cutting 2D and 3D parts on the same machine 

While five axis operations such as bevel cutting and other weld-prep-type work have been possible on abrasive waterjet machines for some time, the capability to also process 3D parts such as tubes and pipes on the same machine is relatively new.    

Business system module added to job management software

SigmaTEK Systems has added its Business Systems Suite to its SigmaNEST Version 20 product portfolio.

Landing the orders

The Problem: Diversify beyond landing gears to withstand market volatility

The Solution: 5 axis VMC and multi-tasking machines

Ontario landing gear manufacturer readies for competition with $1 M+ machinery investments

 

Héroux-Devtek acquires Alta Précision

Landing gear manufacturer Héroux-Devtek Inc. has concluded the acquisition of all the outstanding shares of Montréal-based Alta Précision Inc., a manufacturer of high-precision landing gear components.

Ford, Magna investing big in advanced R&D

Two of Canada's major manufacturers, Ford and Magna, are investing millions of dollars in advanced research and development for connected vheicles and services and artificial intellingence.

Nesting: not just for the birds

by Mary Scianna

Nesting software can generate big productivity gains, but how do you know if you have the right software for your shop?

Fabricating Automation: Prima Power Customer Profile Wood Stone Corp.

Fabricating Automation: Prima Power Customer Profile Wood Stone Corp.

Job Shops - Manitoba & Saskatchewan - Prairie growth

by Tim Wilson

Growing demand in Western Canada

Automotive Manufacturing: Heavy metal

by Tim Wilson

The Problem: Remaining competitive in a tough global market

The Solution: Innovation and flexiblity

Ontario auto parts stamper knows the road to success

Machining group to launch skills training centre

The Canadian Tooling and Machining Association (CTMA) has announced the creation of a new training and development centre to address the skilled trades shortage.

FABTECH 2014: New generation fiber laser

Exhibitor: Salvagnini    Booth: B3125

Canadian schools among plasma contest winners

Two Canadian schools are among the winners of an educational grant from a 2016 Hypertherm contest, "Spark Something Great."

Stay In Touch

twitter facebook linkedIn