Sandvik Acquires U.S. Round Tool Manufacturer
By Metal Center News Staff
on Jan 10, 2019
Dormer Pramet, a division within Sandvik Machining Solutions, has acquired Wetmore Tool & Engineering, a Chino, Calif.-based manufacturer of round tools specialized for the aerospace industry. The acquisition not only expands Dormer Pramet’s range of round tools but it also facilitates an improved position in key aerospace markets such as the United States and elsewhere.
“The acquisition is aligned with Sandvik Machining Solutions’ growth strategy. Wetmore Tool & Engineering will add competence in application areas that complements our existing offering in round tools”, says Klas Forsström, president of Sandvik Machining Solutions.