GTI acquires Innovative Machine and Design Technology

Acquisition increases repair and rebuild capabilities; adds manufacturing and reverse engineering.


Manchester, New Hampshire – GTI Spindle Technology Inc. has acquired Innovative Machine and Design Technology Inc. to further increase GTI Spindle’s repair and rebuild capabilities; as well as introduce new manufacturing and reverse engineering capabilities.
 
IMD has an extensive background in components for the automotive manufacturing industry and offers services including: 
  • Precision ID/OD grinding
  • 3D CAD design
  • Custom machining
  • Grind-plate-grind
  • Machine repair
  • Jigs and fixtures
 
Innovative Machine and Design Technology is joining GTI Spindle’s Bloomington, Illinois, facility. Grind-plate-grind capabilities in Bloomington enable GTI to provide faster turnaround time for customers. Integrating IMD into GTI Bloomington allows GTI to expand both repair service offerings and manufacturing capabilities.
 
“An important part of our growth strategy is to provide as many services as we can in-house,” said Lisa Bailey-Beavers, VP of sales. “IMD’s expertise will help us accelerate spindle repair and rebuild capabilities in the Midwest.”
 
The acquisition of IMD brings both enhanced rebuilding and new manufacturing capabilities to GTI. Rebuilding of machine tool components includes chucks, turrets, and gear boxes. Manufacturing of spindle and machine tool components includes: shafts, chucks, chuck parts, chuck jaws, machines assembles and parts, pulleys, specialty tools, quills, precision tooling, gages, specialty tool holders, and other components. IMD also brings reverse engineering capabilities to GTI.
 
Source: GTI Spindle