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AXYZ Acquires WARDJet
AXYZ International, a leading global manufacturer of CNC
router systems and CNC knife systems based in
Burlington, Ontario, announced the acquisition of
WARDJet, a Tallmadge, Ohio firm that manufactures
waterjet cutting machines and offers custom waterjet solutions
to a variety of industries.
AXYZ President, Alf Zeuner, who will
oversee the combined company as
president, says, “AXYZ believes in
providing localized sales and service
support through our own offices. This
ensures fast and reliable customer
service. We want to bring this same
value to WARDJet’s customers.” Due to
innovative and specialized manufacturing
capabilities and advancing technology, “people are excited
about creating a new future together,” he adds. Both firms
have become industry leaders by offering customized
products tailored to the specific needs of the end user.
WARDJet products will continue to be made in the USA
at their Ohio facility and will now be supported by AXYZ’s
global network of sales and support offices. Founder
Richard Ward will retain the title of WARDJet president
and says that he is looking forward to the next steps for
the business he founded 23 years ago.
The synergy between the two companies makes the
WARDJet move to join AXYZ International a logical one.
For some potential clients a water jet cutting system
may be the best option for the materials to be cut, while
for others CNC router or knife technology is the
preference.
Water jet technology “is very complimentary
to what we are doing,” says
Zeuner, who adds that the two company’s
core values, built around maintaining
promises made to customers and
developing talented, loyal and long-term
employees also made the acquisition ideal for both
parties. The transaction allows AXYZ to retain “all of the
existing infrastructure in both Ohio and Canada because
the product lines are so different,” Ward reports. With close
to 100 WARDJet employees joining the firm, AXYZ
International will now employ around 250 people globally.
For more information, contact Robert Marshall, AXYZ
International, 800-361-3408, E-mail: rmarshall@axyz.co.uk,
Web: www.axyz.com.
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