The agreement gives Sandvik Coromant a stake in Silicon Valley research and development of automation capabilities for subtractive manufacturing.
Shaun Thomas has some 13 years of workholding-industry experience.
The company offered a number of discounts on the machine tools in its offering in collaboration with its partners.
Parlec’s presetting business will remain independent.
John Kowalczyk is now Senior Manager of Global Strategic Accounts and Mark Cadogan is Vice President of Sales for North America.
The Ohio facility provides a three-month training environment for new employees and an intensive two-and-a-half-day seminar offering for end users and distributors.
The partnership is intended to support the latter organization’s role to research and advise industry on additive manufacturing’s capabilities.
The resulting business is said to offer one of the largest portfolios of metalworking fluids.
Together, they will manage inventory mix, business strategy development and implementation, and financial oversight.
The new AMT chairman is Ronald S. Karaisz II, president of Kar Enterprises, Hydromat of Michigan and Novi Precision Products.