Abrasive Technology, a developer and manufacturer of superabrasive grinding wheels and tools based in Lewis Center, Ohio, has received an investment by Blue Sea Capital that the company said will allow them to expand into new opportunities. The amount of investment was not disclosed.
The company’s president and founder, Loyal M. Peterman, will continue to serve in his current capacity. Since the Company was founded in 1971, Peterman has spearheaded Abrasive Technology’s strategic growth through product development, multiple acquisitions and facility expansions.
"We selected Blue Sea based on their growth-mindset and appreciation for our people-focused culture and alignment with the value system that we have embraced for the last fifty years, including collaboration, involvement, trust and integrity,” Peterman said.
The company’s 50-year history is marked by significant technological advances in the superabrasive industry, said Peterman. Abrasive Technology’s founding innovation is its P.B.S. braze bond, which was patented in 1975 and today is still recognized as the premier bonding process, he said.
For more information on Abrasive Technology, visit https://abrasive-tech.com.
Related Glossary Terms
- abrasive
abrasive
Substance used for grinding, honing, lapping, superfinishing and polishing. Examples include garnet, emery, corundum, silicon carbide, cubic boron nitride and diamond in various grit sizes.
- grinding
grinding
Machining operation in which material is removed from the workpiece by a powered abrasive wheel, stone, belt, paste, sheet, compound, slurry, etc. Takes various forms: surface grinding (creates flat and/or squared surfaces); cylindrical grinding (for external cylindrical and tapered shapes, fillets, undercuts, etc.); centerless grinding; chamfering; thread and form grinding; tool and cutter grinding; offhand grinding; lapping and polishing (grinding with extremely fine grits to create ultrasmooth surfaces); honing; and disc grinding.
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