Milwaukee-based Busch Precision has acquired West Allis-based Circle Tool Grinding Inc. for an undisclosed amount.
Busch Precision manufactures and machines critical-tolerance and unique specification parts and large components.
Circle Tool offers tool grinding and sharpening services, a capability Busch did not previously have. It will be integrated as the Circle Tool division of Busch Precision.
The Circle Tool facility at 1916 S. 73rd St. in West Allis will be shuttered, and much of the company’s equipment will be moved into extra space in Busch’s 140,000-square-foot facility at 8200 N. Faulkner Road in Milwaukee. Three of the six employees from Circle Tool will come on board at Busch, which now has a total of 54 employees.
“This acquisition adds an important service we can now offer to our customers who are looking to control their tooling costs,” said Michael Mallwitz, president and chief executive officer of Busch Precision. “We have used the services of Circle Tool Grinding for many years, and have always been very pleased with their quality. We plan to continue that quality tradition.”
