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GWS Tool Group Acquires North American Tool Corporation



GWS Tool Group has acquired North American Tool Corporation (NATC). It represents the second add-on acquisition in 2020 for GWS.

Located in northern Illinois, NATC is a supplier of special taps, dies and gauges. "From solid carbide thread mills to high-speed steel taps and thread gauges, North American Tool delivers high-quality specialized threading tools purpose-built for applications across multiple industries, including automotive, aerospace, medical and general engineering. With the addition of NATC, GWS further strengthens its reputation as the premier multi-disciplinary manufacturer of high-performance custom cutting tools in the marketplace today," said a company spokesperson.

"NATC is an exciting add for us," said Rick McIntyre, GWS' CEO. "Their customer service model is one of the best in the business and their focus in taps and thread mills fits in like a perfect puzzle piece to our dynamic and holistic offering. We are very excited to be continually expanding our value proposition for our customers with highly additive acquisitions like this."

"NATC is very excited to be joining GWS Tool Group, a company that embodies the attributes that have long made us successful," said Curt Lansbery, NATC President and CEO. "A customer-centric approach to business rooted in a commitment to quality and quick delivery marry perfectly with our model here at NATC. We have no doubt that this move to join GWS will be positive for our associates and will ensure the continued growth of the legacy that we have worked to develop."

The team at NATC will continue to operate from the Illinois facility as a manufacturing arm of GWS Tool Group, and the company expresses intent toward continued investment in the facility, machinery, equipment and human resources. Customers of NATC are said to expect continuity of the NATC offering and customer service disposition under cover of the GWS ownership.

For more information contact:

GWS Tool Group

595 County Road 448

Tavares, FL 32778

877-497-8665

sales@gwstoolgroup.com

www.gwstoolgroup.com

North American Tool Corporation

215 Elmwood Avenue

P.O. Box 116

South Beloit, IL 61080-0116

800-872-8277 / 815-389-2300

www.natool.com

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