Burlington, Ontario-based Burloak Tool and Die Ltd. has acquired Armactool Inc., a St. George, Ontario-based tool and die plant.
Burloak Tool integrated the two businesses under its brand since the deal closed in December 2022, a March 15 news release said.
The company also "welcomed all Armactool employees to the Burloak team," it said.
"Together, the whole is greater than the sum of the parts," Sean Brown, president and CEO of Burloak, said in the release. "The combined bench strength can't be beat, die build capacity is increased. More than ever, customers can turn to our team with complex problems they want solved quickly."
"This is an exciting development for customers of both Burloak Tool and Armactool," the release said.
The deal gives Burloak "the ability to optimize across both plants" with increased die-build capacity, decreased lead times and expanded service offerings.
Armactool, which provides tooling to blue chip manufacturers, has expertise with "large complex stamping dies of all types," it added.
Burloak did not immediately respond to request for comment by Plastics News.
The combined company's new die-build strategy includes in-house design, on-site fabrication, and in-house die build and trials to control quality and lead times, the release said.
The die designs, tooling, and production stamping supplier has in-house stamping facilities from 40 to 800 tons, providing customers with short runs, long runs and just-in-time production.