Wilson Tool International on November 3 announced that it has acquired Exacta Precision and Exacta FabTool of Toronto. Like Wilson Tool, Exacta has been a supplier of high-quality tooling for the fabrication and stamping industries since the mid-1960s.
"The merger of these great family-owned companies represents a strong step forward for our organizations," said Brian Robinson, CEO of Wilson Enterprises. "Each company will immediately enhance their product offerings and geographical coverage, which, in the end, is great news for our customers across North America and beyond."
The addition of these strong Canadian manufacturing organizations continues to extend Wilson Tool's increasing global manufacturing capabilities. By expanding manufacturing operations in the USA, England, China and now Canada, Wilson Tool is better able to serve its growing customer base around the world.
There will be no immediate change in operations for the companies. However, as the integration process moves forward, both Exacta and Wilson Tool customers will benefit greatly from the increased availability of existing product lines each manufacturer brings to the table as well as additional product lines to be made available soon. With the combination of the two sales forces, customers of both companies will also experience enhanced customer service and support.