Prospect Heights, Illinois-based Heimatec Inc., a supplier of live tooling for the North American machine tool industry, has become part of a new corporation, Platinum Tooling Technologies Inc. The announcement was made by the longtime president of Heimatec, Preben Hansen, who will lead the new company as its president and COO, holding a majority stake in its ownership. Hansen is a 30-year veteran and recognized authority in the machine tool industry for tooling and its applications.
“I’d been pondering this move for some time and, after considerable discussions with Heimatec GmbH, Tecnicrafts Industries, Henninger GmbH, and other principals we represent, it seemed time to make this decision and move forward with the new company,” says Hansen. “The new company will enable us to serve our existing and new market opportunities in a more pro-active fashion.”
Hansen cites the recent expansion of the Chicago area facility, with added office and warehouse space, will allow more staff to be hired and greater inventories to be carried on all lines represented by the new company. The Heimatec products will continue to be the company’s main focus with full commitment to the Tecnicrafts and the other product lines.
According to Hansen, other developments in the works include additional lines of machine tool accessories and related machine components. Throughout the years the company has been adding various other brand names to its roster, most recently the guide bushing and collet line from Tecnicrafts Industries, producers of products made specifically for the Swiss machine tool market. Platinum Tooling will make a further investment to this line with extensive inventory and the purchase and installation of a grinding machine
“Bringing this process in house will improve delivery times and strengthen market position,” Hansen says.
Additional personnel and sales representative firms are being sought to augment the existing team.
Hansen notes that, “nothing will change in our interaction with current customers, reps and distributors. We’ll be enhancing our capabilities, however, with more application engineering, service technicians and staff dedicated to the specific tooling lines we represent. In that way, our value proposition and overall service package to the industry will rise to new heights.”