GF Machining Solutions has announced an agreement to purchase 100 percent of the shares of Microlution Inc, a Chicago-based developer of micro-machining solutions incorporating milling and laser technologies.
The acquisition of Microlution complements GF Machining Solutions’ strategy to enlarge its progressive and
advanced technology portfolio to fully meet the needs of manufacturers across a range of targeted industry segments, including aerospace and medical.
“We warmly welcome Microlution to GF,” says Yves Serra, CEO of GF. “The company has developed, within a short space of time, remarkable know-how in micro-machining, which complements very well our technology portfolio. We look forward to supporting Microlution in widening its presence and growing its business in the US and worldwide.”
Microlution was founded in 2005 by three engineers from the Chicago region. The company specialises in 5-axis milling and femto-second laser machining for hole drilling and micro-cutting applications across a wide range of industries, including aerospace, medical and automotive. The company generated $10 million in sales in 2015 and employs 30 individuals.
“We are excited for our team, products and technology to join forces with GF Machining Solutions,” says Andy Phillip, president and director of Microlution.
“Microlution’s customers have benefited from our innovative systems for nearly 10 years. With our new partner, we will increase our ability to serve customers and grow.” Micro-machining refers to a variety of processes for machining very small parts and/or features using small, high-precision tools and/or precision milling technology.
Microlution Inc. develops “ultra-precise machining platforms designed to integrate part handling, motion control, part characterisation and quality control to deliver complete, automated micro-manufacturing solutions to customers.”