Milton, Ont.-based TOS America has been providing Fermat vertical and horizontal boring mills since the late 2000s and now has been purchased by Fermat following the retirement of TOS America's long-time owner.
The Fermat Group has acquired boring mills provider TOS America Inc.
TOS America, based in Milton, Ont., had been the exclusive Canadian importer (excluding Quebec) of Fermat vertical and horizontal boring mills since the early 2000s.
“It’s imperative when working with specialty equipment such as boring/milling machines to rely on a company that is experienced, not just with the product, but your unique industry as well. Our long-term partnership with Fermat has enabled TOS America to provide the best possible product, service and support,” said Lee Walker the former owner of TOS America. “Many in the machine tool industry have praised Germany and the Czech Republic for their application of cutting-edge technology to reduce costs and ultimately provide a better product. At TOS America, we take great pride in being able to provide the customer with the best possible boring/milling machines. The new acquisition by Fermat Group stands as a practical application of these beliefs.”
Its long-term partnership with Fermat has enabled TOS America to provide the best possible product, service and support, says Lee Walker, the former owner of TOS America, and the purchase of the company by Fermat will build on that foundation.
Walker has announced his retirement after 56 years in the machine tool industry but will continue as liaison during the transition. Walker says that the successes TOS America enjoyed since its founding in 1997 are the foundation Fermat will build upon.
The Fermat Goup, located in the Czech Republic, was founded in the 1980s. It includes Lucas Precision in Cleveland, OH. The TOS America acquisition is part of the company’s plan to build and grow Fermat products worldwide.
The Fermat Group says it’s important to remain in tune with customer needs, providing best support for issues in the production of complicated workpieces, ensuring first-class service and spare parts availability. The proof of its ability to meet those needs is the high rate of repeat customers and over 50 successful installations in the Canadian market, the company adds.
For more information contact [email protected] or call 905-876-5101.