Harvey Tool Company, a provider of specialized micro cutting tools, has acquired Helical Solutions of Gorham, ME, a manufacturer of high performance custom and standard end mills.
"We are very excited about the future of these two brands," said Pete Jenkins CEO of Harvey Tool. "We decided to acquire Helical Solutions for many strategic reasons. Helical Solutions' dedication to quality products, commitment to distribution, and strong service ethic are well known in the industry and are very consistent with the Harvey Tool way of doing business. The addition of the Helical Brand, and its large diameter high performance focus, represents a strong complement for the Harvey Tool Brand and its miniature end mill and specialty profile product focus."
Harvey Tool and Helical Solutions serve customers throughout North America and provide value through not only product performance but also via technical expertise. "Helical Solutions has a top notch reputation across the industry for a best in class solution-based approach to engaging with customers," said Marcus Ralston, VP of Sales for Harvey Tool. "I have admired Helical's professionalism for years." A limited and select distributor model remains a defining market strategy for both brands.
The acquisition of Helical Solutions better positions both brands to compete and grow. "We are all experiencing it, the industry continues to evolve and the pace of change is accelerating," said Jenkins. "Size and scale matter in this industry, but that said, we plan on maintaining and growing both the Helical and the Harvey Tool brands indefinitely."
Over the coming weeks and months, the focus will be on scaling and growing the two brands. "We will continue to manufacture Helical products in the Gorham facility, and we have plans for significant investment and growth." said Sam Ward, COO of Harvey Tool.
For more information contact:
Harvey Tool Company, LLC
428 Newburyport Turnpike
Rowley, MA 01969-1729
800-645-5609 / 978-948-8555
sales@harveytool.com
tech@harveytool.com
www.harveytool.com