The 2020 Mid-Year Economic Update_long

Day: January 6, 2006

Machine Tool Builder Maxcor Continues Portfolio Expansion

Maxcor Inc., New York, NY, announced that it will buy the Ex-Cell-O group of companies from IWKA. The acquisition will expand Maxcor’s portfolio to 11.Ex-Cell-O, a global producer of machine tools and systems, specializes in manufacturing solutions for automotive chassis and powertrain components. The acquisition includes operations in five countries Germany, U.S.A., U.K., France and …

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Kennametal Acquires German ECM Supplier

Kennametal Inc., Latrobe, PA, has acquired a European supplier of ECM (Electro Chemical Machining) technologies and solutions VMB, Diva-Tec and VMB Entgrattechnik. The German company will be combined with Kennametal’s ExtrudeHone ECM group. Kennametal Inc. is a $2.3 billion global supplier of tooling, engineered components and advanced materials consumed in production processes. ExtrudeHone, a supplier of engineered …

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