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2018-11-10

Sandvik Coromant acquires US based Dura-Mill

 

Sandvik Coromant has reached an agreement to acquire US-based Dura-Mill Inc, a manufacturer of precision solid carbide end mills. The acquisition enhances an already strong position in North America and primarily the Aerospace segment through an expansion of the assortment and providing new capabilities for customized end mills.

"I am very pleased that we have reached an agreement to acquire Dura-Mill and make them part of Sandvik Coromant. Dura-Mill is a world class manufacturer of solid end mills for the metalworking industry, serving industries like Aerospace, Automotive, Power Generation and Medical. Our customers always play a very important role in everything we do that is why I am convinced that our combined knowledge in products and solutions will greatly benefit our customers," says Nadine Crauwels President Sandvik Coromant.

Sean Holt president Americas at Sandvik Coromant continues: "For us at Sandvik Coromant each solid round tool is designed to fulfil the demands of high quality, precision and maximum productivity so that our customers can get the most out of their machining process. The leading position we have is now strengthened through this acquisition. The products and capabilities Dura-Mill offers is a great complement to our very strong portfolio and are now being made available on a larger scale".

"We are extremely excited about our new association with Sandvik Coromant who, as a global leader in Advanced Engineered products with special emphasis on tools and tooling systems, can now provide Dura-Mill access to a number of resources commonly required to continue to develop and launch select type products targeting growth opportunities worldwide", says Richard Walrath CEO/Founder of Dura-Mill, Inc.

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