Altendorf to discontinue exclusive partnership with Stiles
Published on :Wednesday, July 25, 2018
For over 34 years, Stiles has been the sole distributor of Altendorf sliding table saw technology, helping them to become one of the industry leaders in their field. Stiles assures their customers that while their relationship with Altendorf is changing, their commitment to providing world-class solutions and support services for the manufacturing industry will not change.
Since the 1980s, Altendorf was sold in the United States exclusively by Stiles Machinery. Changes in Altendorf’s shareholder structure in November 2017 have led management to pursue a new strategy that will establish the company as a multi-product brand for craftsmen.
The decision to end the exclusive relationship with Altendorf was mutually agreed upon, and in the best interest of both companies, who have each expressed different strategic goals for their future. Altendorf seeks to expand their own global footprint in the USA, while Stiles will continue to uphold their reputation as the industry’s leading provider of advanced manufacturing solutions to support their customers’ success in every area of their business.
“These past 34 years of partnership with Altendorf have been extremely fruitful for both companies, as well as for our mutual customers who have benefited from our long-term relationship. As times change, so do opportunities, and both parties wish the best for each other in this next season. Our main focus is to remain as consistent as possible for our customers within this newly defined relationship,” says Russ Suor, Executive Vice President of Stiles Machinery.
Stiles and Altendorf have a common and fundamental goal: the success of their customers. It is this common theme that bound the two companies together 34 years ago, and one that they will continue to demonstrate in the future.
Stiles will continue to sell and service Altendorf machinery, providing the same industry-leading support to existing Altendorf users that they always have.
More from my site