GWS Tool Group Acquires STF Precision (STF)

October 26 (2020

GWS Tool Group has acquired STF Precision. STF is the third add-on acquisition in 2020 for GWS.

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 PCD monoblock tools.

The company has the equipment and experience to design, manufacture and regrind tooling for a wide variety of applications, including boring, grooving, turning, and profiling difficult-to-machine materials such as high-silicon aluminum, composites, carbon fiber, and plastics. With the addition of STF, GWS further solidifies its position as the premier multi-disciplinary manufacturer of high-performance cutting tools in the marketplace today.

Jason Ford will continue with the GWS team as the General Manager for the North Carolina manufacturing operations and co-owner and vice president, David Novak, will be joining the GWS leadership team as Director of Systems and Integration.

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