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Ceratizit Grows Through Acquisition

Ceratizit Grows Through Acquisition

Thursday, July 19, 2007
 
Ceratizit, a Luxembourg-based supplier of hard-material products for wear protection and cutting tools (with North American sales headquarters in Columbia, SC), has acquired Newcomer Products, Inc., Latrobe, PA. Newcomer Products manufactures and finishes tungsten-carbide products for metal cutting and wear applications. It employs 130 people and had sales of $20 million in 2006. For the metalforming marketplace, Ceratizit manufactures cold-heading dies, special cold-forming tools (punches, mandrels, swaging hammers etc.), drawing dies and mandrels and fastening tools; www.ceratizit.com/usa.

 

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