WILLOUGHBY, OH-PMC Gage Inc. has signed a definitive agreement to purchase Kennametal Inc.’s gage business. This acquisition will expand PMC Gage’s presence in the industrial gaging market. The transaction will include the Van Kuren and Size Control Brands, a limited license of the Greenfield name for gages and operations in White House, TN, and Elk Grove, IL. The transaction is expected to close September 30, 2009.
PMC Gage is a manufacturer and calibrator of gages, metrology equipment and instruments. The company’s history dates back to PMC Industries Inc., which was originally established in 1912 and acquired by Park Ohio Industries Inc. The gage and instruments divisions were purchased by Nick Bosworth in 1999 from Park Ohio Industries Inc. Since the purchase of PMC, the company has acquired two other companies in related fields.
PMC Gage purchased a Houston Texas-based company, Lone Star Gage & Calibration, out of bankruptcy and moved its operations to Willoughby, OH. A second acquisition in 2003 was the purchase of Mercury Gage, then located in Detroit, MI. The corporate name is PMC Gage Inc., and it operates under the trade names of PMC Lone Star and PMC Mercury.
PMC Lone Star and PMC Mercury both manufacture measuring tools and devices. PMC is a leading manufacturer of fixed and ground limit plug and ring gages, both plain and threaded and dimensional metrology equipment including the ContouReader and SquareMaster.
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PMC Gage to Acquire Kennametal Gage Business
September 14, 2009