General Shop Equipment & Supplies

Jet Edge Inc., a manufacturer of ultra-high pressure waterjet technology based in St. Michael, Minn., in February launched an aftermarket waterjet parts division, Choice Waterjet Parts Inc. Choice Waterjet Parts supplies ultra-high pressure (UHP) waterjet components for major brands of waterjet cutting systems, including Flow, Omax, KMT, Bystronic and WSI. Genuine Jet Edge parts will continue to be supplied exclusively by Jet Edge, according to a recent company news release.

An item in the April 1 issue of The Kiplinger Letter suggested that a tough business climate for makers of various products will spur mergers and acquistions among companies looking "to consolidate forces to keep going." And judging from the spate of mergers and acquisitions announced since the beginning of this year, it would appear the prediction was no April Fool's Day joke.

The addition of over 15,000 sq. ft. was designed to increase assembly capabilities and provide additional space for newly acquired capital equipment

Effective May 2, Kyocera Corp. will acquire 100 percent ownership of the SGS Tool Co., to expand the Japanese company's current North American cutting tool business by 2.5 times by March 31, 2019, according to Kyocera President Goro Yamaguchi, who announced the deal in a company news release issued March 30. By incorporating SGS Tool, which is based in Munroe Falls, Ohio, Kyocera plans to create a business structure capable of providing total solutions and strengthen its business globally as a comprehensive cutting tool manufacturer, according to the Kyocera news release. SGS Tool will be renamed Kyocera SGS Precision Tools Inc.