Harvey Tool Co. acquires Helical Solutions

Rowley, Massachusetts – Harvey Tool Co., a leading provider of highly specialized hard-to-find micro cutting tools, has acquired Helical Solutions of Gorham, Maine, a leading manufacturer of high performance custom and standard end mills.

“We are very excited about the future of these two brands,” said Pete Jenkins CEO of Harvey Tool. “We decided to acquire Helical Solutions for many strategic reasons. Helical Solutions’ dedication to quality products, commitment to distribution, and strong service ethic are well known in the industry and are very consistent with the Harvey Tool way of doing business. The addition of the Helical Brand, and its large diameter high-performance focus, represents a strong complement for the Harvey Tool Brand and its miniature end mill and specialty profile product focus.”

Harvey Tool and Helical Solutions serve customers throughout North America and provide value through not only breakthrough product performance but also via technical expertise. “Helical Solutions has a top notch reputation across the industry for a best in class solution-based approach to engaging with customers,” stated Marcus Ralston VP of sales for Harvey Tool. “I’ve admired their professionalism for years.” A limited and select distributor model remains a defining go to market strategy for both brands.

The acquisition of Helical Solutions better positions both brands to compete and grow. “We’re all experiencing it, the industry continues to evolve and the pace of change is accelerating,” said Jenkins. “Size and scale matter in this industry, but that said, we plan on maintaining and growing both the Helical and the Harvey Tool brands indefinitely.”

In the coming weeks and months, the focus will be on scaling and growing the two brands. “We will continue to manufacture Helical product in the Gorham facility, and we have plans for significant investment and growth,” said Sam Ward COO of Harvey Tool. “The potential for future growth remains strong.”

Source: Harvey Tool Co.