GWS Tool Group Announces Acquisition of Alliance CNC
TAVARES, FL, January 31, 2018 (Newswire.com) - GWS Tool Group, LLC, the parent company of GW Schultz Tool and CGI Tool announced today the acquisition of Alliance CNC Cutter Grinding Services, Inc.
Founded in 1995, Alliance CNC has developed into an industry leader in the application specific design, manufacture and servicing of tight tolerance drills, reamers and micro-tools. “Alliance is a tremendous fit for our organization”, said Rick McIntyre, CEO of GWS Tool Group. “While our organization has deeply rooted skill set and reputation within the round tool space, our GW Schultz division is focused predominately on endmills. Adding a hole-making focus in addition to the insert offering we bolted on last year with CGI, further strengthens our already dynamic value proposition at the spindle.”
Alliance CNC will continue to operate out of their facility in the greater Grand Rapids area under the direction of their long-tenured management team.
“It has been a fulfilling journey for me in the building and development of Alliance CNC” said its Founder Richard Czarniecki. “I am so excited for my wonderful team of people and the customer base that has come to rely on us to now be a part of the GWS enterprise.”
About GWS Tool Group
GWS Tool Group is a US-based, vertically integrated, manufacturer of highly engineered custom, standard and modified standard cutting tools, primarily servicing aerospace and defense, power generation, automotive and medical sectors. The subsidiary companies that comprise GWS Tool Group are GW Schultz Tool and CGI Tool, together with the most recent addition of Alliance CNC.
Source: GWS Tool Group