The acquisition of STF Precision enhances the GWS product portfolio and capabilities in the area of PCD and CBN solutions and further expands the GWS manufacturing presence into the Carolinas.
updated: Oct 20, 2020
October 20, 2020 (Newswire.com) –
GWS Tool Group is pleased to announce it has acquired STF Precision. STF is the third add-on acquisition in 2020 for GWS.
Located near Asheville, North Carolina STF is a leading manufacturer of precision cutting tools, primarily in the categories of polycrystalline diamond tools (PCD), single-crystal diamond tools (SCD), and Cubic Boron Nitride (CBN). The company’s product capability portfolio includes brazed PCD-rotary tools for non-ferrous materials, PCD 8-facet drills for aerospace composites, PCD grooving inserts for automotive applications, and multi-stepped brazed…