Cutting Tool Maker OSG Acquires Carbide Tool Provider AMAMCO

Glendale Heights, IL-based OSG USA, a manufacturer of taps, drills, end mills, dies, and indexable cutting tools, has acquired AMAMCO Tool of Duncan, SC, which specializes in producing carbide tools for major aerospace, automotive and medical customers. Founded in 1972, AMAMCO will continue to operate in Duncan as an independent company led by newly appointed President (and former VP at AMAMCO), Jon Salem.

“Our acquisition of AMAMCO helps OSG meet our global initiative to grow our business in the aerospace industry,” said Michael Grantham, President of OSG USA and new CEO of AMAMCO.

In January, OSG USA acquired the assets and proprietary manufacturing technology of IMU Dies. OSG now is the exclusive source for IMU branded dies globally.

“IMU has produced and sold dies for almost 40 years, so we are excited to now be able to sell them as an OSG brand and manufacture them at our fastener products plant in Parma, Ohio,” said Grantham.