Sandvik acquires tap manufacturer Balax

August 3, 2022

Sandvik has completed the acquisition of tap manufacturer Balax, Inc (Courtesy Balax, Inc)
Sandvik has completed the acquisition of tap manufacturer Balax, Inc (Courtesy Balax, Inc)

Sandvik AB, headquartered in Stockholm, Sweden, reports that it has completed the acquisition of the assets of Balax, Inc., headquartered in North Lake, Wisconsin, USA, a supplier of carbide and HSS cut taps and roll forming taps for the general engineering and automotive sectors. The company will be reported in Walter, a division within the Sandvik Manufacturing and Machining Solutions business area.

Founded in 1958, Balax states that it pioneered a cold forming taps design featuring ‘Lead Form Geometry Correction’, a process which reduces tapping torque by creating lead threads on pitch. The taps, called Thredfloers, were said to b’BALanced AXially’, leading to the company’s name of Balax. The company went on to add other metalworking tools to its product line, including thredsaver cutting taps, and thread gages.

Balax has conducts all manufacturing processes in house including blank making, heat treating, shank and square grinding, fluting, thread grinding and surface treatments. It also maintains a fully equipped tapping laboratory to test new design concepts for tapping torque, tapping speed, tool geometry, coolant or lubrication performance, pretap hole sizing, and material compatibility. Balax employs sixty-six staff members and, in 2021, saw revenues of $10 million.

Stefan Widing, CEO and president of Sandvik, commented, “The acquisition of Balax is the second acquisition by GWS during Sandvik’s ownership and is well aligned with the shift to growth strategy. Balax will strengthen our tap offering on the North American market.”

Sandvik has completed the acquisition of tap manufacturer Balax, Inc (Courtesy Balax, Inc)

In the latest issue of PM Review…

Download PDF

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

  • Höganäs’ fourth reinvention: Creating sustainable metal powders for automotive electrification
  • Powder Metallurgy in China: Markets, applications and the impact of vehicle electrification
  • Taking control of your metal powder supply chain: Blue Power’s solutions for in-house atomisation
  • Shaping the future: Dorst Technologies on digitisation, data and the PM ‘smart factory’
  • JPMA Awards 2022: PM process innovations supporting the route to carbon neutrality

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

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