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ARCH Global Precision, a Jordan Company platform, acquired Siem Tool Company, a manufacturer of customized solid carbide cutting tools in Latrobe, Pennsylvania. Siem Tool will join ARCH's Cutting Tools division.
“The acquisition of Siem Tool supports our ongoing strategy of creating a market leading custom tooling provider through the 'ARCH Specials' brand and product offering.”dinancompany.com
Summarized from public sources; check the original articles before acting on it.