Mazak Distributors Announce Purchase Agreement
Smith Machinery becomes part of Action Machinery group.
Posted: August 10, 2021
Longtime Mazak distributors Smith Machinery and Action Machinery have closed on an acquisition agreement. With the acquisition, Smith Machinery transitions to Smith Machinery Co. LLC and joins the Action Machinery group to ensure customers continue to receive the service and support that Smith Machinery has provided for 60 years.
With Mazak at its core, Action Machinery International Inc. is positioned to serve both metal-cutting and fabrication customers in the Rocky Mountain region. Shared resources among the companies and economies of scale will enable the group
to provide even higher levels of support while reducing overall operating costs.
Clark Smith, owner of Smith Machinery, will stay on at Smith Machinery Co. LLC for several months during the ownership transition. The company’s administrative, sales, and applications personnel will remain unchanged and provide customers and builders with continued support. Additionally, the company will maintain the longtime service relationship between Smith Machinery and Neotech.
Tom Weaver of Action Machinery will assume responsibilities for day-to-day operations as the new general manager of Smith Machinery. Randy Breitenbach, president of Action Machinery, will take an active role in financial management and leadership.
“The Smith business is an established and successful one,” said Breitenbach, “and the combined resources of our two companies will provide customers with an added layer of service and support in addition to Mazak’s own services. More importantly, it will
preserve the highly respected Smith company name and its family’s stellar reputation in the industry.”
Smith sold his business in preparation for the second chapter of his life, so he could pursue new interests outside of manufacturing and spend more time with his family. “Our family has served the manufacturing community in the mountain states for 98 years and has had the good fortune to represent Mazak for the last 44 years,” Smith said. “The company has grown by understanding the benefits of advanced manufacturing technologies and successfully transferring that knowledge to ensure our customers – backed by superior applications and service support – make wise investments and continue to be competitive and profitable in this global market. The acquisition of Smith Machinery by the Action Machinery group adds the benefits of a
larger entity to be even more responsive to customer needs. Our family wishes the Action Machinery group and its customers good fortune and continued success.”
“This is an exciting time for both companies,” said Dan Janka, president of Mazak Corp. “Clark Smith, his company, and family have been a part of Mazak for such a long time, and everyone here at Mazak appreciates all they’ve done for the success of
the Mazak brand over the years. We wish them all the best.”
