GWS Tool Group acquires custom tool manufacturer
GWS Tool Group acquires custom tool manufacturer
The acquisition of Taurus Tool enhances the GWS product portfolio and capabilities in the area of custom HSS tooling and custom thread-on modular tooling, while adding additional capacity for complex carbide hole making and milling tools.
GWS Tool Group in Tavares, Florida, has acquired Taurus Tool & Engineering. Taurus is the first acquisition in 2021 for GWS Tool Group, following three previous acquisitions in 2020.
Located near Batavia, Illinois, Taurus manufactures precision custom cutting tools, primarily in the categories of both HSS and carbide hole making and milling tools. The company's product capability includes complex HSS and carbide step tools for aerospace and automotive applications, custom thread-on modular tooling and combination tools for the elimination of multi-tool operations.
The company operates from a 25,000-sq.-ft. facility outfitted with CNC grinding and inspection equipment. According to GWS, problem resolution at the spindle has been instrumental in the company's growth, and has helped Taurus become a leader in high-quality complex round tool solutions.
"Taurus Tool & Engineering is an obvious match and fit for our organization," said Rick McIntyre, GWS' CEO. "On the carbide side, they bring a host of complimentary skill sets to our organization, while bolting on new capability in the areas of high-speed tools and custom modular tooling technology know-how.
"Previously, GWS has had to bypass certain niches like HSS tooling, and now we can offer our customers and partners in distribution another reason to consolidate with GWS."
For more information on GWS products, phone 877-497-8665 or visit www.GWSToolGroup.com.
