ARCH Global Precision was formed by an investment group led by Strength Capital Partners in the final months of 2011, specifically for the purpose of acquiring companies that specialize in the manufacturing of (1) precision machined components and (2) precision cutting tools and instruments. In December 2011 ARCH Global Precision announced the acquisition of Hi-Vol Products, KEO Cutters, and Richards Micro Tool from TriMas Corporation.
On November 23, 2012, ARCH Global Precision announced the acquisition of Niagara Cutter’s Milling Cutter Product Line. Through this acquisition we created the KEO Milling Cutter business unit and brand as a sister company to our existing KEO Cutters business unit. Today the KEO family now offers high quality milling cutters, saws and custom “shank style” tools to go along with an already extensive legacy KEO product line.
Production Tool & Grinding, Inc., located in Orange, Massachusetts was acquired on December 12, 2013 to broaden our capabilities and end markets served at KEO Milling Cutters. The Production Tool & Grinding acquisition enhanced our capabilities by providing us with the ability to manufacture custom solid carbide cutting tools for aerospace and power generation applications.
Most recently, in a separate acquisition that closed in January of 2014, Utra-Dex Tooling Systems and Ultra-Dex USA of Flushing, Michigan were added to the ARCH family of companies. Ultra-Dex provided ARCH with its first offering of indexable cutting tools and services, while bringing a healthy customer overlap with our existing cutting tool businesses. As part of the Ultra-Dex acquisition, we also purchased Beamer Laser Marking Systems to provide U.S.A. manufactured laser marking equipment for the markets that we serve.
ARCH Global is focused on the continuous enhancement of our current companies and product lines. Through this series of acquisitions, we have developed many strong brands within the marketplace. This approach has allowed us to continue to leverage customer relationships across the enterprise. Going forward we expect that we will continue to acquire attractive and complementary businesses that will allow us to achieve above market growth through product breadth, ongoing product innovation and superior customer service.
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The Companies of ARCH Global Precision