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ARCH Cutting Tools Corp. acquires CONTOUR360

By ARCH Cutting Tools Press Release

Bloomfield Hills, Mich.—ARCH Cutting Tools Corp., an ARCH Global Precision Company, has announced the acquisition of CONTOUR360 of Cornish, Maine.

CONTOUR360’s reputation for supplying high-quality engineered solid round cutting tools was the foremost consideration for developing the relationship, ARCH said.  As a leader in the industry, delivering custom tools to customers in the aerospace, medical, automotive, defense and industrial manufacturing markets, CONTOUR360’s relentless dedication to customer relationships will blend seamlessly with the ARCH Cutting Tools culture, ARCH added.

“I am extremely proud to have the CONTOUR360 team join the ARCH family,” said Jeff Cederstrom, Division President – ARCH Cutting Tools. “As I’ve gotten to know the capabilities and values of CONTOUR360, it has become clear that the team’s dedication to quality, service and innovative tool design shines through in everything they do. These values, along with a clear entrepreneurial spirit, are strongly aligned with the ARCH Cutting Tools culture.  The reputation of CONTOUR360 is second to none, and we look forward to working together.”

Tom Gleason, an owner of CONTOUR360, said, “We are very proud to be joining the ARCH Cutting Tool team and confident that the legacy that CONTOUR360 has built over the past 28 years will provide a solid base upon which the company can grow. Our baby is in good hands.”

Added John Moller, an owner of CONTOUR360, “Without fail, everyone I’ve dealt with in the ARCH family has conducted themselves with honesty, integrity and a passion for the industry. For these reasons, the decision to join the ARCH team was a no-brainer. The partnership between ARCH Cutting Tools and CONTOUR360 is a perfect fit and an important step as ARCH builds a world-class cutting tool brand.”

ARCH President and Chief Executive Officer Eli Crotzer said that the strengths of CONTOUR360 will complement ARCH’s customer-focused culture.

“I have had the pleasure of getting to know this ownership group over the last five years, as well as visited the CONTOUR360 facility on multiple occasions,” Crotzer noted. “From the beginning of our relationship, I was impressed with the technical expertise within the CONTOUR360 workforce.  As ARCH continues to build and expand upon our leading national customs and specials business, there is no question that CONTOUR360 will further enhance our offering to the marketplace.”

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