Peak Toolworks Acquisition Expands Service in the Mid-West
Peak Toolworks has announced the completion of its acquisition of Tooling Concepts Inc, in Elkhart, Indiana. Strengthening its presence in the mid-west with this brick-and-mortar sharpening site, while adding to Peak’s 12 locations across USA and Canada. The addition of an Elkhart plant creates a new opportunity to serve Peak’s customers engaged in cutting and machining metal, wood, plastics, and composites throughout the growing and diverse mid-west industrial base.
The additional location in Elkhart, Indiana will capitalize and build on each company’s success in the local market they currently serve. It enhances Peak’s ability to grow while enabling the company to continue providing its customers with industry-leading levels of service and innovative products.
Kerry Baskins, CEO and president announced, “We are thrilled to be partnering with Joe and the outstanding team members at Tooling Concepts. Peak has been very active in the Elkhart and Michiana area for many years. Due to continued growth and at the request of many of our customers, we felt it was important to re-establish a local presence to better enable our expansion plans in the region. Joe Wilkins and his team have done an outstanding job serving customers in the region and we plan to invest in even more equipment, local inventory and expanded capability at this location to keep up with the strong demand.”
Founded in 1998 by Joe Wilkins, Tooling Concepts is a natural fit within Peak Toolworks. Both companies value innovation through design. They are also leaders in tooling and applications for carbide, diamond, cermet and HSS. Wilkins added, “Tooling Concepts would like to thank our valued staff and customers for over 23 years of success. As one door closes another door opens to the future of the tooling industry. We are grateful that our Tooling Concepts team will remain and grow in the Elkhart community through Peak Toolworks. We are looking forward to working closely with Peak to ensure that our quality and services are maintained and expanded upon. We leave our legacy to Peak Toolworks to provide the best services in the area for all your tooling needs.”
Tooling Concepts currently services the Indiana, Michigan, Ohio, and Illinois areas where Peak Toolworks also has a loyalty base. The integration expands Peak’s ability to rapidly deliver innovative tooling and service solutions to local customers, resulting in speed to market, superior service and exceeding customer expectations for quality and reliability.
Tooling Concepts was the right fit to do just that. Jesse Buzzard, Vice President Sales and Marketing stated, “The addition of this facility will serve to strengthen our relationships in the greater Elkhart-Goshen geography. We are ready to grow with our customers through providing high quality local service and new ideas for precision cutting tools.”
Peak Toolworks is excited to return to the Elkhart, Indiana area and is planning a grand reopening in spring 2022.
About Peak Toolworks
Peak Toolworks is a recognized innovator and leader in the design and distribution of industrial tool holders, cutting tools and accessories. The company, with legendary brands founded 81 years ago, is headquartered in Jasper, Indiana. It manufactures and markets products under the Peak, NAP GLADU, Riverside, RKO, General Saw and SuperSand names. Peak is recognized for its innovative tooling solutions in carbide and diamond, complete source of quality, custom cutting tools and superior customer service for the wood, metal, and advanced materials in North America. For more information, visit peaktoolworks.com to explore products through the virtual trade booth and follow them on social media /PeakToolworks.
Content provided by Peak Toolworks.