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Glebar Company Acquires Everite Machine Products



Glebar Company, a precision grinding solutions organization, has acquired Everite Machine Products, Inc., a provider of electrochemical grinding (ECG) technology designed to meet complex and precise manufacturing requirements in many industries including the medical and aerospace markets.

"We are excited by this opportunity and welcome the Everite team to Glebar," said Robert Baker, CEO of Glebar Company. "Combining the capabilities of Tridex and Everite will increase our ability to provide ECG solutions to our expanded customer base. Additionally, we will bring Glebar's service and aftermarket capabilities to the Everite customer install base, strengthening our existing partnerships through improved service and support."

"We look forward to joining the Glebar team and furthering our mission to provide customers with an ECG solution for their complex and precision manufacturing requirements," said Bill Clipshaw, Global Business Development at Everite.

With over 70 years of experience, Everite offers burr-free cutoff, surface grinding, point grinding and vertical grinding solutions utilizing ECG.

"We will be focused on building upon existing machine features, bringing both the Everite and Tridex technologies together to the benefit of our customers, while leveraging our expertise in integrated control and automated solutions to drive value for our customers," said John Bannayan, Chief Technology Officer at Glebar.

For more information contact:

Glebar Company

565 East Crescent Avenue

Ramsey, NJ 07446

201-337-1500 / 800-235-5122

info@glebar.com

www.glebar.com

Everite Machine Products

1555 Route 73 South

Pennsauken, NJ 08110

856-330-6700

esales@everite.com

www.everite.com

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