EAST HANOVER, N.J.—JK Tool, a division of Weiss-Aug Group, stated in a company release that it has acquired the assets of Precise Tool & Die, of Leechburg, Pennsylvania, .
JK Tool, based in New Kensington, Pennsylvania was founded in 1980 by Jim Kiebler to design precision, high-speed carbide progressive stamping tools. For more than 40 years, JK Tool has been a strategic manufacturing partner for tooling, precision component manufacturing, and high-volume production machining dedicated to quality, service, and engineering solutions for its customers, the company said in the release.
Precise Tool & Die was founded in 1992 to design and manufacture precision progressive stamping tools. For over 30 years, the company was a strategic manufacturing partner for tooling, precision component manufacturing, gauging, and fixturing.
Precision is a universal requirement that both Precise Tool & Die and JK Tool embrace.
“With the addition of the excellent team of Precise Tool & Die, we feel we can better serve our customers needs’ and continue to innovate and provide best-in-class solutions,” said Weiss-Aug Group Executive Vice President Elisabeth Weissenrieder-Bennis, in the release.
Evan Slee, president of Precise Tool & Die, also commented on the acquisition.
“There is a great synergy between our two businesses, and joining with the JK Tool division of Weiss-Aug Group really will elevate our capability to support customers with best-in-class technology,” Slee said in the release.
High-speed progressive die stamping, with a focus on robust tooling, is at the core of Weiss-Aug Group’s capabilities. The company has more than 50 years of expertise in precision metal stamping, injection molding, and value-added assembly solutions. Weiss-Aug Group offers tailored solutions to a wide range of markets, including the medical device, automotive, and industrial sectors.
“With tool making at the heart of our business, we are invested in continuing to grow our capabilities and capacity for progressive dies, spares, and components,” said Weiss-Aug Group CEO Dieter Weissenrieder.
With vertically integrated capabilities, JK Tool can help streamline customers’ supply chain logistics while offering high tolerances, quality, and on-time delivery, according to the release. Its team of experienced manufacturing experts is dedicated to customer satisfaction from design and prototyping through final delivery, the company stated.