Wilmington, MA (PRWEB) March 11, 2014
United Tool & Die Co., Inc., a contract manufacturer specializing in wire EDM, manual machining and metal stamping, grinding and forming, is pleased to announce the acquisition of Smith Brothers Machine Company, a precision CNC milling and turning company located in Rockport, MA.
In addition, United Tool & Die has announced a name change to United Tool & Machine Co., Inc. The name change is a result of the acquisition and reflects the company’s long-term growth strategy to better meet the needs of OEM’s for high quality, responsive, domestic machining operations.
“The acquisition of Smith Brothers was a logical next step for United and gives us a terrific opportunity to expand our customer base, deepen our capabilities, and gain skilled personnel, all in one transaction. It also provides us with entry into new markets,” said Scott Fallavollita, President of United Tool & Machine. “We believe the synergy created by combining these two companies under one roof will bring tremendous value to our customers.”
United Tool & Machine primarily serves the medical and industrial sectors while Smith Brothers brings expertise in defense, electronics and microwave applications. The physical transition of Smith Brothers into United’s facility in Wilmington, MA, will take place by early-March 2014.
For more information about United Tool & Machine Co., visit: http://www.unitedtoolmachine.com
For interviews and all other applicable media request, please contact: pr(at)boldwerks(dot)com