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Precision Cutting Technologies, Inc. acquired Supermill LLC, a Connecticut-based manufacturer of high-performance carbide end mills. Supermill founder Tom Hale will continue to lead the company.
Precision Cutting Technologies, a subsidiary of Alleghany Capital Corporation, acquired a majority interest in Coastal Industrial Distributors, LLC (dba CID Performance Tooling), a manufacturer of high-performance solid carbide end mills based in Saco, Maine.