Walter USA, Inc.

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Walter Announces a Joint Venture with Vargus in Romania

Tübingen, Germany—Walter AG, headquartered in Tübingen, Germany, and Vargus Ltd., headquartered in Nahariya, Israel, have established a joint venture named VWR Cutting Tools S.R.L. The two precision tool manufacturers each hold equal shares in the new business. The joint production company will manufacture tool holders and be located at the Vargus production site in Bucharest, Romania. Walter...

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