GWS Tool Group acquires North American Tool Corp.

GWS Tool Group acquires North American Tool Corp.

Acquisition extends custom product capability into the threading space.

February 5, 2020

GWS Tool Group has acquired North American Tool Corp. (NATC), its second acquisition in 2020. With the addition of NATC, GWS further strengthens its reputation as the premier multi-disciplinary manufacturer of high-performance custom cutting tools.

Located in Northern Illinois, North American Tool supplies special taps, dies, and gages. From solid carbide threadmills to high-speed steel taps and thread gages, NATC offers high-quality specialized threading tools purpose-built for applications across multiple industries, including automotive, aerospace, medical, and general engineering.

“NATC is an exciting add for us,” said Rick McIntyre, GWS’ CEO. “Their customer service model is one of the best in the business and their focus in taps and threadmills fits in like a perfect puzzle piece to our dynamic and holistic offering. We are very excited to be continually expanding our value proposition for our customers with highly additive acquisitions like this.”

“North American Tool is very excited to be joining GWS Tool Group, a company that embodies the attributes that have long made us successful,” said NATC President & CEO Curt Lansbery. “We have no doubt that this move to join GWS will be positive for our associates and will ensure the continued growth of the legacy that we have worked to develop.”

The team at NATC will continue to operate from the Illinois facility as a manufacturing arm of GWS Tool Group, and the company expresses intent toward continued investment in the facility, equipment, and human resources. NATC customers can expect continuity of NATC offerings and customer service under GWS ownership.