ARCH Cutting Tools Corp. has acquired BMWG, LLC, a manufacturer of indexable and solid round tools, located in Gallatin, Tennessee.
The company said that BMWG has a state-of-the-art facility and equipment, and specializes in designing and manufacturing custom indexable and solid carbide round tools for a diverse and growing customer base. Since its inception in 1995, BMWG has focused on providing unparalleled service and nurturing customer partnerships. This, in combination with its innovative products, has resulted in an exceptionally strong regional footprint, specifically in the medical industry.
“I am proud to welcome the team at BMWG into the ARCH family,” said Jeff Cederstrom, divisional president of ARCH Cutting Tools. “BMWG is an exceptionally well-run facility with a diverse customer base, including a growing orthopedic and medical footprint. We are also excited to have an expanded geographic reach to serve this growing region.”
Eli Crotzer, president and CEO of ARCH Global Holdings, said, “The BMWG facility and culture were differentiating features that attracted us to the business.”
Travis Wright, owner of BMWG, LLC, who will continue to serve as President of the location after the acquisition. “Everyone we have met from ARCH has been very positive and excited about the future of ARCH Cutting Tools. We see that the core values of ARCH are aligned with our own, and we know this move will ensure the continued growth of our facility and the expansion of our capabilities.”
INDUSTRY NEWS
