GWS Tool Group Acquires Taurus Tool & Engineering
The acquisition enhances GWS’ product portfolio and capabilities in the area of custom high-speed steel tooling and custom thread-on modular tooling, while adding additional capacity for complex carbide hole making and milling tools.
Located near Batavia, Illinois, Taurus manufactures precision custom cutting tools, primarily in the categories of both high-speed steel (HSS) and carbide hole making and milling tools. The company’s product capability includes complex HSS and carbide step tools for aerospace and automotive applications, custom thread-on modular tooling and combination tools for the elimination of multi-tool operations.
Taurus features a completely rebuilt (February 2015) 25,000-square-foot facility outfitted with the latest CNC grinding and inspection equipment. Problem resolution at the spindle has been instrumental in the company’s growth. It focuses on superior manufacturing processes and the highest level of quality control for customers in need of high-quality complex round tool solutions, says the company. With the addition of Taurus, GWS adds to its reputation as a multidisciplinary manufacturer of high-performance cutting tools.
“Taurus Tool & Engineering is an obvious match and fit for our organization,” says Rick McIntyre, GWS CEO. “On the carbide side, they bring a host of complementary skill sets to our organization, while bolting on new capability in the areas of high-speed tools and custom modular tooling technology know-how. Previously, GWS has had to bypass certain niches like HSS tooling, and now we can offer our customers and partners in distribution another reason to consolidate with GWS.”
The continued expansion of GWS by way of acquisitions and constant investment in technology, equipment and most importantly, people, created a value proposition for customers operating in advanced machining environments, especially in the areas of custom round and insert tooling, the company says.