# GWS Tool Group acquires Benchmark Carbide

GWS Tool Group announced the acquisition of Custom Carbide Corp (A/K/A Benchmark Carbide) of Springfield, Massachusetts. The acquisition adds Benchmark's standard high performance endmills to GWS Tool Group's offerings.

- Type: Acquisition
- Announced: 2018-08-23
- Where: Springfield, Massachusetts, United States
- Status: completed
- Products: standard high performance endmills, custom cutting tools
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [GWS Tool Group](https://endata.com/companies/17991.md) (acquirer)
- [Custom Carbide Corp (Benchmark Carbide)](https://endata.com/companies/18971.md) (target)
- [Custom Carbide Corp](https://endata.com/companies/19006.md) (target)

## Sources

- [newswire.com](https://www.newswire.com/news/gws-tool-group-announces-acquisition-of-benchmark-carbide-20613366), 2018-08-23: "Benchmark is a fantastic addition to our team"
- [dailycommercial.com](https://www.dailycommercial.com/story/news/local/tavares/2018/09/01/tavares-based-gws-tool-grows-again/10867806007/), 2018-09-01: "Benchmark is a fantastic addition to our team"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.