Warren, Mich.-based Production Tool Supply Co. has acquired Menomonee Falls-based KM Tool Supply Ltd.
“We are going to still be at this location, same name, just owned by Production Tool Supply,” said KM Tool accounting clerk Bobbie Bartz.
Production Tool Supply subsidiary KM Tool Real Estate LLC recently acquired the KM Tool Supply property at N89 W14452 Patrita Drive from Tool Properties LLC for $3 million, according to state records. The 35,000-square-foot building, constructed in 1998, sits on a 2.8-acre site, according to village records.
KM Tool Supply is a cutting tool specialty company. Production Tool Supply is a supplier of industrial tools.