Absolute Machine Tools Acquires Longtime Distributor

Absolute Machine Tools Inc. (Lorain, Ohio) has reached an agreement to acquire Chicago-area distributor Machine Tool Technology-21 Inc. (MTT-21). MTT-21 has been a longtime Absolute distributor of CNC machine tools such as Kitamura.

Absolute President Steve Ortner says, “This acquisition combines the global resources of our company with the capabilities and excellent local reputation of MTT-21. It is evidence of Absolute Machine Tools’ dedication to Illinois and Wisconsin manufacturers, and also confirms the company’s strength in a down market.”

With the acquisition, Absolute has added more machine tool professionals to its Midwest Technical Center in Elgin, Illinois.  The new personnel include Mark Ulanov, president and owner of MTT-21, who has more than 30 years of machine tool sales experience and market knowledge; Rob Grimm, with 25 years at MTT-21 and over 30 years of machine tool applications and service experience; Dave Marzullo, with more than 25 years of machine tool sales experience at MTT-21 and more than 30 years of industry experience overall; Andrey Avakov, who has worked in machine tool sales at MTT-21 for four years; and Todd Romeiser, who was recently MC Machinery’s national sales manager for milling and turning and has over 20 years of experience in EDM applications and sales management.