Sumitomo Acquires Master Tool LLC
Mount Prospect, IL - (July 12, 2007) Sumitomo Electric Carbide, Inc. announces the acquisition of Master Tool LLC. Finalized on June 29, 2007, the deal establishes Sumitomo as the majority owner.
Master Tool LLC, located in Grand River, OH, is a designer and builder of custom, inserted cutting tools. Their area of expertise is the development of custom tooling to machine critical features on engine blocks, cylinder heads, connecting rods, crank shafts, transmission cases and various other automotive parts.
The talent and efforts that Master Tool LLC has to offer Sumitomo are extensive. Supplying the entire Master Tool LLC tooling package further reinforces Sumitomo's reputation as a world-leading tooling supplier, and their commitment to offering quality solutions to distributors.
Sumitomo Electric Carbide, Inc.'s purpose and mission are to research metal cutting industry needs, and to design and produce innovative and highly advanced cutting tool products for the purpose of providing manufacturing solutions to the customer.
For more information, contact Sumitomo Electric Carbide, Inc., 1001 Business Center Drive, Mount Prospect, IL 60056, Phone: (800) 950-5202, Fax: (847) 635-9335, e-mail: info@sumicarbide.com, or visit www.sumicarbide.com.
