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.
In industry sectors such as aerospace, automotive, energy, and medical, precision finishing of machined parts is critical to the refinement of end product performance levels. Our machines improve the precision of finished product profiles with complete processing in a fraction of the time required by other methods. In fact, our Extrude Hone® line of machining solutions can reach, shape and perfect surfaces you can’t even see to provide improved performance you can measure.