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Champion Cutting Tool Corp. acquired the Mercer Industries business unit from Mercer Tool Corporation. The acquisition includes Mercer's second distribution center in California, and former Mercer Industries President Jim Wallick will join Champion as Global Director of Sales – Abrasives Division.
“The acquisition of Mercer Industries will give both Champion's and Mercer's customers the convenience of purchasing from a comprehensive catalog of synergistic products from a single supplier.”protegrityadvisors.com
Summarized from public sources; check the original articles before acting on it.