Reed Machinery Acquires Waterbury
Reed Machinery Acquires Waterbury
John Wolz
Reed Machinery Inc. acquired Waterbury Headers adding to Reed’s product line, president Jim Flanagan announced.
Worchester, MA-based Reed manufactures two and three die cylindrical thread rollers, planetary thread rollers and high speed flat die thread rollers under the Reed and Hartford brand names.
Waterbury manufactures cold headers and parts formers and additional thread rolling machines.
Waterbury has been headquartered in Bristol, CT, and has manufacturing operations in Seneca Falls, NY. During the next 90 days Reed will move operations to Worchester. The Bristol sales office will be maintained. Reed plans to improve parts inventory and pricing, modernizing machine models and active marketing of rebuilding and upgrade services. Flanagan described Waterbury as “natural fit for Reed Machinery. Consolidation of operations with Hartford and Reed will lower overall costs and our engineering and application expertise will result in improved products and customer satisfaction.”
Reed Machinery was formed in 2003 to acquire the assets of the Reed thread rolling machine business from Reed-Rico. The company history dates back to 1916 when Reed Small Tool Works was formed in Worcester, MA. Reed is located at 10A New Bond St., Worcester, MA 01606. Tel: 508 595-9090 Fax 508 595-0002 E-mail: sales@reed-machnery.com Web: reed-machinery.com �2006 FastenerNews.com
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