Cutting tools manufacturer OSG USA, Glendale Heights, IL, a subsidiary of OSG Corp., has acquired AMAMCO Tool & Supply Co. Inc., Duncan, SC. Terms were not disclosed.
AMAMCO, a manufacturer of carbide tools for the aerospace, automotive and medical industries, will continue to operate as an independent company led by newly appointed President, and former VP at AMAMCO, Jon Salem.
"Our acquisition of AMAMCO helps OSG meet our global initiative to grow our business in the aerospace industry,” said Michael Grantham, president of OSG USA and new CEO of AMAMCO.