Machine Tools Supply, Costa Mesa, CA, has announced it will acquire Cutting Edge Tool & Supply of Chatsworth, CA, as a wholly owned subsidiary of MT Supply Inc.
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Machine Tools Supply has grown over the past year in the San Fernando Valley. "We have successfully implemented several AutoCrib-based inventory management systems in the valley," said George Ponce, MT Supply president. "And with that success we knew that an acquisition of this nature would further establish us in this territory and position us for continued growth."
Machine Tools Supply will complete the acquisition in early February.