Hardinge Inc. Acquires Ohio Tool Works
As part of the acquisition, Hardinge adds Ohio Tool Works’ platform of high-precision honing machines, tooling and abrasives to its machine tool and workholding portfolio.
Hardinge Inc. has acquired Ohio Tool Works LLC (OTW), adding a platform of high-precision honing machines, tooling and abrasives to Hardinge’s machine tool and workholding portfolio.
OTW designs and builds standard and custom honing technology for global customers across the industrial, aerospace, defense and metal working industries. OTW claims its honing solutions – such as aerospace components and high-pressure cylinders – are precisely finished for performance and reliability.
“OTW is recognized for its advanced honing technology and market leading innovation, which complement Hardinge’s portfolio of high precision turning, milling and grinding machines. The OTW professionals are experts in all things honing,” says Ryan Levenson, Hardinge CEO.
Hardinge acquired OTW from Artemis Capital Partners, a Boston-based private equity firm focused on buying and building industrial technology companies.
Related Content
-
Machine Monitoring Boosts Aerospace Manufacturer's Utilization
Once it had a bird’s eye view of various data points across its shops, this aerospace manufacturer raised its utilization by 27% in nine months.
-
When a Lathe With Live Tooling Rivals a Multitasking Machine
This shop is working its way up to a full-fledged B-axis multitasking machine. Meanwhile, turning centers with a Y-axis and live tooling are doing just fine.
-
Beyond the Machines: How Quality Control Software Is Automating Measurement & Inspection
A high-precision shop producing medical and aerospace parts was about to lose its quality management system. When it found a replacement, it also found a partner that helped the shop bring a new level of automation to its inspection process.
