AME Completes Asset Purchase of Metalcut
March 01, 2011
Advanced Machine & Engineering (AME), the Rockford, Illinois-based manufacturer of various machine tool components and auxiliary equipment, has announced the asset purchase of the Metalcut Carbide Saw Division of Centro-Metalcut, also of Rockford, and a longtime global industry leader in the design and manufacture of heavy-duty carbide sawing systems for the metalcutting industries.
AME is also a leading global manufacturer of carbide sawing systems, under its popular AMSAW® brand name. AMSAW systems are found in forge, metalcasting, service center, and primary producer operations—anywhere large or continuous sawing is performed. The acquisition of the Metalcut carbide saw line represents a substantial expansion of the company’s capabilities in the world market.
This purchase will transfer the complete sawing machine technologies, engineering data, inventory, spare parts, and service operations for all Metalcut carbide saws to AME. Steve Swanson, the business unit manager for the carbide saw machine division of AME, will assume oversight responsibility for the Metalcut product line, allowing a seamless transition for all existing customers and immediate access to the Metalcut carbide saw line for all new AME accounts. AME has worldwide sales and service locations already in place to accommodate all customer requirements, according to Greg Champion, vice president of sales & marketing for the company.
Centro-Metalcut will continue to manufacture and market all other product lines in its offering, including hot and cold abrasive saws, conditioning grinders and materials handling equipment. Contact Swanson at (815) 962-6076 ext. 270 or firstname.lastname@example.org. Also call (800) 225-4263 or visit [www.ame.com].