Madison Industries Expands Industrial Solutions Portfolio Madison acquires Extrude Hone.

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Chicago , IL – On November 3rd, 2015 Madison Industries was pleased to announce that it has signed a definitive agreement with Kennametal Inc. (NYSE: KMT) to acquire seven businesses including Extrude Hone, Tricon, Landis, the Biel, Switzerland business of Kennametal Infrastructure and  the Koblenz, Germany and Milan and Bellusco, Italy businesses of Kennametal Stellite.  Closing has been completed December 1st, 2015.

What Is Precision Electrochemical Machining (PECM)?

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Precision electrochemical machining (PECM) is a nonconventional machining process that can help deliver complex and precise components quickly and accurately. It uses electrodes and a pulsed direct current to dissolve practically any electrically conductive metal, including highly tempered steel, rolling bearing steel and alloys. This flexible technology allows metals to be machined into highly complex geometrical shapes for myriad applications, some of which would have been difficult or nearly impossible to create just 30 years ago.

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