Friday, December 23, 2022
Peak Toolworks has acquired Expert Die, Inc. in Dalton, Georgia, Details of the acquisition were not released. With the acquisition, Peak has strengthened its presence in Southern USA with this brick-and-mortar sharpening site. The company now has 12 locations across North America.
The addition of another Georgia plant creates new opportunities to serve Peak’s customers engaged in cutting and machining metal, wood, plastics, and composites throughout the southern industrial base, particularly in Georgia, North Alabama, North Mississippi, and Eastern Tennessee.
The additional Georgia location capitalizes and builds on each company’s success in the local market, where they both have a loyal customer base. It enhances Peak’s ability to grow while enabling the company to continue providing its customers with superior service, exceeding customer expectations for quality and reliability with innovative products.
Kerry Baskins, CEO and president shared, “We are thrilled for this partnership with Eric and Dawn Barr and the entire team at Expert Die. Expert Die has been in business since 1993 and over the past 30 years has established a very enviable reputation for quality and customer service. Peak Toolworks is a people-centric organization and I have had the opportunity to meet their entire team. I am both impressed and inspired by their enthusiasm for our mutual future and their excitement to continue their great track record of success with Peak.” Expert Die, Inc. is a natural fit within Peak Toolworks. Both companies are leaders that have “evolved with the times to deliver modern, practical solutions to meet the needs of clients throughout a range of industries”.
Eric and Dawn Barr added, “The partnership of Peak Toolworks and Expert Die will expand the capabilities of both companies and benefit our customers and employees. We are excited to bring the best of these two companies together offering the best in quality, service, and cutting tools not only to the southeast but nationwide.” This is Peak’s second acquisition in 2022. In February, Peak acquired a facility in Elkhart, IN to expand its business in the mid-west area. With an additional facility in Dalton, GA Peak has 12 facilities across USA and Canada and is North America’s largest manufacturer of engineered diamond and carbide-cutting tools.
Source: woodworkingnetwork.
Tags: Peak Tools, wood, woodworking, woodworking and manufacturing, woodworking and processing, woodworking event, woodworking industry, woodworking tools, woodworking USA
