Acquisition Expands GTI Spindle’s In-House Offerings
Innovative Machine and Design Technology will join GTI’s Bloomington, Illinois, facility to provide repair and reverse-engineering services.
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GTI Spindle Technology Inc. (Manchester, New Hampshire) has acquired Innovative Machine and Design Technology Inc. (IMD; Bloomington, Illinois) to further increase its repair and rebuild capabilities as well as introduce new manufacturing and reverse-engineering capabilities. Innovative Machine and Design Technology will join GTI’s Bloomington, Illinois, facility.
“An important part of our growth strategy is to provide as many services as we can in-house,” says Lisa Bailey-Beavers, GTI vice president of sales. “IMD’s expertise will help us accelerate spindle repair and rebuild capabilities in the Midwest.”
