Harvey Performance Acquires Micro 100

Harvey Performance Company (Rowley, MA), a leading provider of specialized cutting tools for precision machining applications through the brands Harvey Tool and Helical Solutions, has acquired Micro 100 Tool Corporation (Meridian, ID), a leading innovator in turning tools, specializing in internal boring, grooving and threading tools and milling tools.

“We are on a journey to assemble and build a world-class company made up of outstanding brands and product lines supported by incredible people,” said Pete Jenkins, the chief executive officer for Harvey. “The addition of their products to our portfolio will help accelerate our ability to do just that. They have a demonstrated dedication to quality products, excellent reputation and outstanding service – all traits that are consistent with our company’s way of doing business. One thing that is a constant in our business is change, with regular consolidation among our competitors, our distributors and our end users. We will continue to look to expand our product portfolio through acquisition. Scale matters, and we believe that – through thoughtful assembly of brands and products – we can enhance end user productivity and increasingly earn their business.”

“Our brands serve some of the most advanced and demanding end users in the industry,” added Jerry Gleisner, the senior vice president of sales for Harvey. “Their product line, particularly their strong focus in turning tooling, will allow us to offer additional capabilities and value to our distributors and end users.”

“Moving forward, our team will focus on scaling and growing each of the company’s three brands. We will continue to manufacture Helical Solutions product in our Gorham, ME, facility and Micro 100 product in the Meridian, ID, location,” explained Brian McKahan, the vice president of operations for Harvey. “We have plans for significant investment and growth across all of our brands.”

www.harveyperformance.com