Hyperion Materials & Technologies
Wire tools
USUnited States of America
2018
1001-5000

Hyperion Materials & Technologies to acquire Aggressive Grinding Service

Hyperion Materials & Technologies to acquire Aggressive Grinding Service

United States-based global hard and super-hard materials leader Hyperion Materials & Technologies recently signed an agreement to acquire Aggressive Grinding Service (AGS), a precision carbide and ceramic grinding business in Pennsylvania, USA.

"Bringing AGS into the Hyperion Materials & Technologies family enhances the value and service we can provide to our North American customers in high-value markets and critical industries," said Ron Voigt, Chief Executive Officer of Hyperion. "AGS has been a business partner of ours for years and is well regarded for its quality work and consistent, fast delivery times. We are thrilled to bring AGS's capabilities in-house and work together to expand our portfolio, streamline our workflow process, and further improve our responsiveness while remaining a non-rival supplier to our customers."

AGS will enhance Hyperion's capabilities and leadership in multiple high-growth markets, including custom and preform carbide rod blanks for drilling and end milling tools as well as finished wear-resistant components, such as can tooling for the metal packaging industry.

Read the full acquisition note at this link >>

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Tuesday, November 16, 2021