American Machinist

Tool producer buys into long-time supplier.(Business Trends)

BIG DAISHOWA SEIKI CO LTV. HAS TAKEN A LARGE STAKE in long-time licensee KPT/Kaiser Precision Tooling Inc., Elk Grove Village; Ill. The Japanese producer of precision toolholders and measuring accessories purchased shares of KPT/Kaiser from its parent company, Heinz Kaiser Holding AG, Zurich, Switzerland. Terms were not disclosed. …

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