GWS Tool Group Acquires North American Tool Corp.
GWS Tool Group has acquired North American Tool Corp. (NATC), the second such add-on acquisition in 2020 for GWS. With the addition of NATC, GWS says it strengthens its reputation as a multi-disciplinary manufacturer of high-performance custom cutting tools.
Located in Northern Illinois, North American Tool is a supplier of special taps, dies and gages. From solid carbide threadmills to high-speed steel taps and thread gages, North American Tool delivers specialized threading tools for applications across multiple industries, including automotive, aerospace, medical and general engineering.
“NATC is an exciting add for us,” says Rick McIntyre, CEO of GWS. “Their customer service model is one of the best in the business.”
“North American Tool is very excited to be joining GWS Tool Group, a company that embodies the attributes that have long made us successful,” says Curt Lansbery, president and CEO of NATC. “We have no doubt that this move to join GWS will be positive for our associates and will ensure the continued growth of the legacy that we have worked to develop.”
The team at NATC will continue to operate from the Illinois facility as a manufacturing arm of GWS Tool Group, and the company expresses intent toward continued investment in the facility, machinery and equipment, and human resources. Customers of NATC are said to expect continuity of the NATC offering and customer service disposition under GWS ownership.
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