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Setco Sales Company, a subsidiary of Holden Industries, acquired the assets of GTI Spindle Technology. The combined entity will offer expanded spindle repair and analysis services to the machine tool industry.
Setco Sales Co., a manufacturer of spindles and precision parts, will relocate its headquarters from Cincinnati to Boone County, Kentucky, investing $6.25 million and creating 30 jobs. The new facility will expand production capacity for spindles, slides, and milling heads.
| Site | Largest | Latest |
|---|---|---|
| Boone County, United States | $6.25M | 2021-08-30 |