ARCH Cutting Tools Corp. announces the acquisition of O-D Tool
& Cutter, Inc., a manufacturer of solid carbide and high-speed
steel round tools located in Mansfield,
Massachusetts.
BLOOMFIELD HILLS, Mich., July 25,
2024 /PRNewswire-PRWeb/ -- ARCH Cutting Tools Corp.
("ARCH") announces the acquisition of O-D Tool & Cutter, Inc.
("O-D Tool"), a manufacturer of solid carbide and high-speed steel
round tools located in Mansfield,
Massachusetts. The new acquisition will join ARCH Cutting
Tools, again highlighting ARCH as an industry-leading consolidator
in the precision custom tooling arena.
"We are excited to welcome the O-D Tool
team into the ARCH organization," said Jeff
Cederstrom, Divisional President of ARCH Cutting Tools. "O-D
Tool brings a rich history of custom tooling prowess to the
industry, complemented by impeccable levels of customer
service."
Since its inception in 1959, O-D Tool has focused on providing
unparalleled service to its diverse manufacturing customers. Today,
that includes designing innovative custom cutting tools that solve
the most challenging end-user applications, and engineering cutting
tools to be reground to like-new after use.
"We are excited to welcome the O-D Tool team into the ARCH
organization," said Jeff Cederstrom,
Divisional President of ARCH Cutting Tools. "O-D Tool brings a rich
history of custom tooling prowess to the industry, complemented by
impeccable levels of customer service."
As part of this announcement, ARCH is investing in a new
30,000-square-foot, state-of-the-art manufacturing facility in
Lincoln, Rhode Island, with
in-house, custom coating capabilities. In the coming months, O-D
Tool will merge with the existing ARCH Cutting Tools facility in
Smithfield, Rhode Island, and both
locations will move to the new campus in Lincoln when it is complete. This move will
create a highly capable ARCH Cutting Tools "hub" on the East Coast,
allowing our experts to leverage best manufacturing practices,
enrich engineering capabilities, and allow for growth and market
expansion geographically. Once both sites have been relocated to
the Lincoln facility, we look
forward to hosting an official "grand opening" event for customers
in New England and the broader northeast region.
"We are very excited to join the ARCH organization," said O-D
Tool President, Kevin O'Donnell.
"Having been a family-owned business since 1959, choosing to sell
the business was a very big decision for myself and my siblings. It
was critically important to us to find the right buyer, and it is
clear that ARCH was far and away the best fit. All of us at O-D
Tool are particularly excited to be coming together with the ARCH
Cutting Tools team in Rhode Island
in a new, state-of-the-art facility that will further differentiate
us from our competitors."
About ARCH® Cutting Tools
Founded in 2011, ARCH Cutting Tools Corp. ("ARCH") is an
American manufacturer of solid round and indexable metal cutting
tools for the aerospace, defense, firearms, automotive,
transportation, medical, and power generation industries.
Headquartered in Warren, Michigan,
ARCH Cutting Tools is comprised of 16 manufacturing facilities with
over 100 years of collective engineering experience. While 4 of
these facilities produce over 27,000 stocked, standard SKUs found
in The Collection catalog, all 16 design innovative custom
solutions that improve multiple dimensions of the end-user
manufacturing process.
http://www.archcuttingtools.com
Media Contact
Rachel Dresser, ARCH Cutting
Tools, +18669355771, marketing@archgp.com,
www.archcuttingtools.com
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SOURCE ARCH Cutting Tools