Minnesota-based Wilson Tool International acquired Exacta Precision and Exacta FabTool, a long-time supplier of high-quality tooling for fabrication and stamping operations.
“The merger of these great family-owned companies represents a strong step forward for our organizations,” stated Wilson Enterprises CEO Brian Robinson. “Each company will immediately enhance their product offerings and geographical coverage, which, in the end, is great news for our customers across North America and beyond.”
Wilson Tool International develops tooling solutions for sheet metal fabricating machinery worldwide. It is the world’s largest independent manufacturer of tooling systems for punch presses, press brakes, and punch-and-die components for stamping.
The Exact companies also manufacture punches and dies for metal stamping and fabrication industries, in both standard and special shapes. Both Exacta companies are headquartered in Toronto, and Wilson Tool explained that adding strong Canadian manufacturing operations will extend Wilson’s global manufacturing capabilities, which already include operations in the U.S., China, and England.
There will be no immediate change in operations for the companies, though the goal is to make both Exacta and Wilson Tool products lines available to all customers, combining sales efforts and impro of the two sales forces, customers of both companies will also experience enhanced customer service and support.