Harvey Tool Acquires Helical Solutions
Harvey miniature end mills and specialty profile tools are now complimented with custom and standard end mills from Helical.
Posted: September 16, 2015
Harvey Tool Company (Rowley, MA), a leading provider of highly specialized hard-to-find micro cutting tools, has acquired Helical Solutions LLC (Gorham, MA), a leading manufacturer of high performance custom and standard end mills.
“We are very excited about the future of these two brands,” said Pete Jenkins, the chief executive officer of Harvey Tool. “We decided to acquire them for many strategic reasons. Their dedication to quality products, commitment to distribution, and strong service ethic are well known in the industry and are very consistent with the our way of doing business. The addition of the Helical Brand and its large diameter high performance focus represents a strong complement for our brand and its miniature end mill and specialty profile product focus.”
Harvey Tool and Helical Solutions serve shops throughout North America and provide value through not only breakthrough product performance, but also via technical expertise. “They have a top notch reputation across the industry for a best-in-class solution-based approach to engaging with customers.” stated Marcus Ralston, the vice president of sales for Harvey Tool. “I’ve admired their professionalism for years.” A limited and select distributor model remains a defining go to market strategy for both brands.
The acquisition of Helical Solutions better positions both brands to compete and grow. “We’re all experiencing it, the industry continues to evolve and the pace of change is accelerating,” added Jenkins. “Size and scale matter in this industry, but that said, we plan on maintaining and growing both brands indefinitely.”
Over the coming weeks and months, the focus will be on scaling and growing the two brands. “We will continue to manufacture Helical product in the Gorham facility, and we have plans for significant investment and growth,” explained Sam Ward, the chief operating officer of Harvey Tool. “The potential for future growth remains strong.”