Wmh Tool Group Changes Name to Walter Meier (Manufacturing) Inc.

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WMH Tool Group Americas has changed its name to Walter Meier (Manufacturing) Inc., it was announced today by Robert S. Romano, president. The name change is part of a global effort aimed at leveraging the presence of their European parent company, Walter Meier AG, to bring quality manufacturing products to a global market. Romano cited global synergies with other business units of its parent company, Walter Meier AG, as the primary reason for the name change. Worldwide name recognition of the Walter Meier organization also was a key factor.

…a decisive move to strengthen and grow the JET and Wilton brand names that reinforces the Walter Meier tradition of Quality, Service, and Innovation.

WMH Tool Group Americas has changed its name to Walter Meier (Manufacturing) Inc., it was announced today by Robert S. Romano, president. The name change is part of a global effort aimed at leveraging the presence of their European parent company, Walter Meier AG, to bring quality manufacturing products to a global market.     Romano cited global synergies with other business units of its parent company, Walter Meier AG, as the primary reason for the name change. Worldwide name recognition of the Walter Meier organization also was a key factor.

Walter Meier (Manufacturing) Inc. is a wholly owned subsidiary of Walter Meier AG, which is headquartered in Zurich Switzerland and listed on the SIX Swiss Exchange under the ticker symbol WMN.

The Jet® and Wilton® brands are being expanded from an American staple to a global market. The company also announced a new global brand Website, http://www.jetwilton.com , which replaces jettools.com. The Powermatic brand continues operations under http://www.Powermatic.com
in North America.

For more than 50 years JET® and Wilton® brands have been leading American manufacturers and marketers of industrial metalworking and woodworking machinery, material handling equipment, workholding tools, air tools and hand tools.

The alignment with their European counterparts brings synergy and an even stronger foundation to these already solid brands.

Recently, Walter Meier (Manufacturing) Inc. consolidated its infrastructure in the U.S. by centralizing its operations to its main facility in La Vergne, Tennessee. Robert Varzino, Vice President of Marketing for Walter Meier (Manufacturing) Inc., called this "…a decisive move to strengthen and grow the JET and Wilton brand names that reinforces the Walter Meier tradition of Quality, Service, and Innovation."    

The customer commitment of Walter Meier (Manufacturing) Inc. is to provide innovative, high-quality products and outstanding sourcing and logistical support. In-depth market expertise, combined with product development capabilities and marketing activities, drive the company's highly respected brands -- Jet®, Powermatic® and Wilton® -- to the forefront of the market.

About Walter Meier (Manufacturing) Inc.

Walter Meier (Manufacturing) Inc. is a business unit of the Walter Meier Group, a climate and manufacturing technology group founded in 1937 and that today is active in over 70 countries with around 1700 employees. Walter Meier (Manufacturing) Inc. is the proud owner of Wilton®, Jet®, and Powermatic® brands, which are supported by a network of more than 5,000 dealers throughout the United States. The company's industrial, material handling, woodworking and metalworking businesses cover all channels with infrastructure support. These customer-centric businesses fulfil specific product needs in professional woodworking, metalworking, fabrication and industrial maintenance shops. Great emphasis is placed on customer-specific solutions and comprehensive support services. Walter Meier stock is listed on the SIX Swiss Exchange (symbol WMN).

For additional information, contact:

Mike Mangan, MKM Comm.            
847/255-1903                     
mkmcomm (at) gmail (dot) com

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