ARCH Cutting Tools Acquires O-D Tool & Cutter, Inc.
July 25, 2024
ARCH Cutting Tools Corp. has acquired O-D Tool & Cutter, Inc., a family-owned manufacturer of solid carbide and high-speed steel round tools based in Mansfield, Massachusetts. The deal will integrate O-D Tool into ARCH's East Coast operations, with both existing ARCH and O-D Tool sites consolidating into a new 30,000-square-foot manufacturing campus in Lincoln, Rhode Island to expand capacity, engineering capabilities, and geographic presence.
- Buyers
- ARCH Cutting Tools Corp.
- Targets
- O-D Tool & Cutter, Inc.
- Sellers
- O-D Tool & Cutter owners (Kevin O'Donnell and siblings)
- Industry
- Manufacturing
- Location
- Massachusetts, United States
- Transaction Type
- Addon
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