Precision Hole-Making Experts Come Together
Allied Machine & Engineering Corp, a manufacturer of hole-making and finishing tooling systems, has purchased a majority of the shares of Wohlhaupter GmbH of Frickenhausen, Germany, Wohlhaupter USA and Wohlhaupter India. The company is best known for its innovative boring tools.
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One of Allied Machine & Engineering's manufacturing facilities in Dover, Ohio.
Allied Machine & Engineering Corp., a manufacturer of hole-making and finishing tooling systems, has purchased a majority of the shares of Wohlhaupter GmbH of Frickenhausen, Germany, Wohlhaupter USA and Wohlhaupter India. The company is best known for its innovative boring tools, but also produces facing and boring heads, grooving heads, clamping tools and customized solutions for boring operations. It is particularly well-known for its innovative, modular tool systems. Its most significant product developments include larger diameter boring tools and a line of digital boring tools.
“Allied Machine is a perfect fit with Wohlhaupter,” says Bill Stokey, president/CEO of Allied Machine & Engineering. “Both are family-owned companies whose foundations are built upon excellent quality, flexibility, and ability to customize products and services, as well as a preference for building strong partnerships with our customers. These commonalities will produce a seamless integration of our philosophies and services.”
“By acquiring Wohlhaupter, Allied has added the world’s widest range of precision boring tools to our already vast array of available products,” adds Eric Tope, vice president of marketing and sales. “Equally important is the fact that Allied now has a manufacturing presence in Europe and an additional 30 field sales engineers throughout the USA, Germany and India.” Customer sales and support will continue to be provided by both Allied and Wohlhaupter.
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