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November 2020

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IMCO Carbide Tool Joins the IMC Group



IMCO Carbide Tool Inc. now operates as part of the IMC Group, an international family of metalworking companies and part of Berkshire Hathaway Inc., the company announced. Most aspects of IMCO's operations and product portfolio will remain unchanged.

"IMCO will continue operating from its Perrysburg, OH, site, producing end mills and other machining products under the IMCO brand," said Perry Osburn, President. "The staff and management team, skilled tool grinders, sales and customer support teams will remain the same. Any differences will occur in the product development assets now available to IMCO."

"IMC Group is the second-largest metalworking business in the world," Osburn continued. "Like us, they are known for innovation and product excellence. And they have technologies and other resources that can help us bring new products to market faster. As part of Berkshire Hathaway, we will be able to draw on their financial resources to maintain continuous improvement in manufacturing and pursue new challenges and opportunities. Those opportunities include plans for a plant expansion, which will be announced soon."

For more information contact:

IMCO Carbide Tool Inc.

28170 Cedar Park Blvd.

Perrysburg, OH 43551

800-765-4626

www.imcousa.com

IMC Group

www.imc-companies.com

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