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2012 News

ARCH Global Precision acquires Niagara Cutter’s milling cutter product line

ARCH Global Precision, a Strength Capital Partners portfolio company that is focused on precision machined components and cutting tools & instruments, today announced the acquisition of Niagara Cutter’s Milling Cutter Product Line (“MCPL”). Under the terms of the purchase and sale agreement ARCH Global Precision has acquired substantially all of the assets of MCPL from Niagara Cutter.

“We are extremely pleased to have acquired the milling cutter product line from Niagara Cutter”, commented Eli Crotzer, ARCH Global Precision President and Chief Executive Officer. “The MCPL business, with operations based out of Athol, Massachusetts, represents a highly complementary product line to our existing KEO Cutters product offering. While we will integrate the MCPL products into our KEO catalog offering, we expect the Athol operations to continue to operate as a stand-alone manufacturing center. We welcome all of the Athol employees to the ARCH Global family of companies and we look forward to working closely with these colleagues to deliver above market sales growth for all of KEO Cutters.”

On behalf of ARCH Global Precision’s Board of Directors, ARCH Global Chairman of the Board, Mark McCammon commented “We are pleased to have taken this first small step towards growing ARCH through acquisition. We expect further activity to occur in the coming years and we appreciate all the fine work that occurred by the ARCH Global team during this process.”


KEO Cutters and Richards Micro Tool showcase at IMTS 2012

ARCH Global Precision today announced that two of its business units, KEO Cutters and Richards Micro Tool, will be showcasing products at the International Manufacturing Technology Show in Chicago, Illinois from Monday, September 10th, 2012 through Saturday, September 15th, 2012. The International Manufacturing Technology Show (“IMTS”) is the premiere and largest industrial trade show in North America.

At the show KEO Cutters and Richards Micro Tool will be welcoming existing and potential customers to view our existing and new products, including center drills, countersinks, keyseat cutters, N.C. spotting drills, miniature end mills and specialty medical and dental cutting instruments. The Company’s booths will be staffed with professionals that are familiar with both the Company’s products and specific applications for the tools that we manufacture. Finally, IMTS also provides ARCH Global Precision with the opportunity to introduce the ARCH Global Precision corporate identity to the broader industrial world.

KEO Cutters will be located in booth W-2167 and Richards Micro Tool will be located in booth W-2183.


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