Wilson Tool Announces Acquisition of Italian Tool Manufacturer
18 Sep 2012
WILSON TOOL ANNOUNCES ACQUISITION OF ITALIAN TOOL MANUFACTURER
Wilson Tool International expands global manufacturing capabilities with acquisition of Italian press brake tooling manufacturer Toolspress.
SWINDON, UK. (September 18, 2012) – Wilson Tool International (www.wilsontool.com) today announced that it has acquired Toolspress (TP Tooling srl), a manufacturer of premium press brake tooling for the sheet metal fabrication industry in Italy.
“Toolspress has a highly skilled workforce and more than 25 years of experience manufacturing quality press brake tools,” said Colin Blackwell, Wilson Tool’s managing director of European operations. “Under the continued leadership of Maurizio Zinetti, the company will remain a major supplier of tools to press brake machine manufacturers and their distributers around the globe.”
Established in 1984, Toolspress manufactures a complete range of tooling for most major press brake machines. The company operates a 5,200-square-meter manufacturing facility in Parma, Italy.
“I’m excited about the potential to grow Toolspress as a strong manufacturing business in the Parma region,” said Maurizio Zinetti, Toolspress managing director. “With a skilled workforce and excellent production equipment, I believe we have the capacity to increase our business substantially in the forthcoming years.”
Toolspress is well known for producing press brake tooling of exceptional quality and providing outstanding customer service and exports throughout the world.
“This merger makes it possible for Wilson Tool to expand our manufacturing capabilities in Europe while providing Toolspress with greater opportunities for growth,” said Brian Robinson, CEO of Wilson Enterprises. “There will be no immediate change in operations for either company. Toolspress employees and customers will continue to do business as usual.”
About Wilson Tool
Since 1966, Wilson Tool International® (www.wilsontool.com) has been a leading provider of tooling solutions that enhance the performance of sheet metal fabricating machinery worldwide. Wilson Tool is the world’s largest independent manufacturer of tooling systems for punch presses, press brakes and punch and die components for the stamping industry. Products are manufactured at the company’s world headquarters in White Bear Lake, Minn., USA, as well as manufacturing facilities in Swindon, England, Shanghai, China and Parma, Italy. Exacta product lines are manufactured in Toronto, Ontario, Canada. Wilson Tool’s network of sales engineers and international distributors operate in virtually every industrialized nation around the globe.
Established in 1984, Toolspress (www.toolspress.com) is a manufacturer of press brake tooling and clamping systems for the fabrication industry. The company operates a 5,200-square-meter manufacturing facility in Parma, Italy and exports products throughout the world.