Ceratizit acquires majority share of Best Carbide Cutting Tools, LLC

January 17, 2017

Ceratizit has announced that its wholly-owned subsidiary Ceratizit USA, Inc. has signed an agreement to acquire a majority stake of the Californian solid carbide round cutting tool manufacturer Best Carbide Cutting Tools, LLC.

Best Carbide Cutting Tools, LLC is a manufacturer of solid carbide round cutting tools located in Rancho Dominguez, California, USA. The company is housed in a 46,000 ft2 state-of-the-art facility and currently has around 90 employees.

“Best Carbide Cutting Tools gives Ceratizit an exceptional chance to strengthen our network in the USA and build on nationwide top distributors. Best Carbide is known for the quality of its tools, with a strong focus on high-end micro tools,” stated Jacques Lanners, Co-Chairman of the Ceratizit Executive Board.

“Through this partnership, Best Carbide will have access to Ceratizit technologies and expertise that will help the company to improve its manufacturing process, technical capabilities and quality of tooling – with the goal of ultimately adding greater value for our customers. For the first time in its 37-year history, Best Carbide becomes part of a global cutting tool organisation. We believe this will have substantial benefit for Best Carbide’s stability, growth and advancement. The agreement is a win for both companies. Best Carbide Cutting Tools will continue to operate as it does today, but now with full support from the Ceratizit Group,” Mark Nunez, President of Best Carbide added.

www.ceratizit.com

Recent issue of Powder Metallurgy review - your go-to resource to stay updated on the world of powder metallurgy and metal powders

In the latest issue of PM Review…

PM Review Spring 2023

Download PDF

Extensive Powder Metallurgy industry news coverage, and the following exclusive deep-dive articles and reports:

  • GKN Powder Metallurgy: A strategic vision for the future of permanent magnets for EVs
  • Building trust in the Powder Metallurgy industry: The role of standardisation and an update on recent work by ISO/TC 119
  • High-volume powder production for Additive Manufacturing: SMS group’s continuous metal powder production process
  • Development of enhanced-performance PM brake pads for high-speed trains by Beijing Tianyishangjia New Material Corp., Ltd.
  • The START project: Creating a sustainable supply chain for green energy harvesting products by Powder Metallurgy
  • World PM2022: Reviewing three innovative methods for metal powder production

The latest news from the world of metal powders, delivered to your inbox

Don't miss any new issue of PM Review, and get the latest industry news. Sign up to our weekly newsletter.

Sign up

Join our community

From the industry…

Discover our magazine archive…

The free-to-access PM Review magazine archive offers unparalleled insight into the world of Powder Metallurgy from a commercial and technological perspective through:

  • Reports on visits to leading PM part manufacturers, metal powder manufacturers and industry suppliers
  • Articles on technology and application trends
  • Information on materials developments
  • Reviews of key technical presentations from the international conference circuit
  • International industry news

All past issues are available to download as free PDFs or view in your browser.

 

Browse the archive

 

Looking for PM production equipment, metal powders, R&D support and more?

Discover suppliers of these and more in our
advertisers’ index and buyer’s guide, available in the back of PM Review magazine.

  • Powders & materials
  • Powder process, classification & analysis
  • PM products
  • Atomisers & powder production technology
  • Compaction presses, tooling & ancillaries
  • Sintering equipment & ancillaries
  • Post-processing
  • Consulting & toll sintering
Download PDF
Share via
Copy link