FOR IMMEDIATE RELEASE
Precision Tooling Manufacturer Grows Again - Sirois Tool Expands Their Team of Companies
Berlin, CT, January 15, 2013 - Sirois Tool Co., Inc. announces the recent acquisition of two industry leaders, North American Spring Tool (NAST), and All Five Tool as new subsidiaries. The combined expertise of these companies in vendor solutions will contribute to the expanding product offerings and capabilities of the Sirois Tool Team of Companies.
As part of Sirois Tool's continuing growth, the new acquisition of both NAST and All Five Tool will give its existing customers a stronger and more diversified company, as well as additional tooling options and services.
The Sirois Tool Team of Companies, will continue to serve as a leader in the Tooling, Gage and Machine Parts industries, while actively pursuing new products to serve these customers and new markets to expand into. The acquisition welcomes a new customer base and two new types of tooling into its repository, while synchronizing with its existing tooling manufacturing capabilities.
The NAST acquisition supports the spring and wire manufacturing industry, an advantageous addition to the bearing manufacturing and machine tooling markets. The All Five Tool acquisition provides a line of standard and custom Tool Holders and Inserts for many industries. Combining these tooling skills and product lines enables Sirois Tool to offer more tooling solutions to its existing customers as well as the NAST and All Five Tool customers.
Sirois Tool will continue to provide precision tooling, I.D. grinding quills, gage products, machined parts and assemblies. Dow Gage, an acquisition made in 2005 will continue to provide in-house design and build capabilities for the complete line of Dow precision gages.