bob15
Well-known member
A question arose about the Greenfield Tap & Die company in a another post about who actually owns it (Kennametal is the owner). I thought because it actually involves many other companies that are brought up on this forum (Vermont Tap & Die, Chicago-Latrobe, Cleveland Twist drill, Bassett, among others), it actually deserved its own thread and not be lost in a basically unrelated thread.
Greenfield Industries (including Cleveland, Chicago-Latrobe, Cle-Line, Cle-Force, Bassett, Vermont Tap & Die, Putnam Tools and Greenfield T&D) was bought out by Kennametal in 1997: http://www.prnewswire.com/news-releases/kennametal-inc-to-acquire-greenfield-industries-inc-in-transaction-valued-at-approximately-1-billion-77523502.html
Another tool group, Widia, was bought out by Kennametal in 2002: http://www.kennametal.com/en/about-us/history.html
In 2009/2010 Greenfield Tap & Die became part of the Widia product group: http://www.widia.com/en/featured/widia-90-years.html While at the same time, the rest of Greenfield Industries went to TDC tool group (basically, Kennametal kept what they wanted, GTD; and sold off the rest [Greenfield Industries])
The sale of Greenfield Industries to TDC included names/companies such as Cleveland, Chicago-Latrobe, Cle-Line, Cle-Force, Bassett, Vermont Tap & Die, and Putnam Tools http://triblive.com/x/pittsburghtrib/business/s_625899.html
Now with regards to TDC, they are a Chinese owned company/tool group, but still operate plants in the US (as well as mexico and canada):http://qz.com/506651/working-for-a-c...o-china-video/ and this interesting article: http://archive.fortune.com/2010/05/06/news/international/china_america_full.fortune/index.htm
TDC business profile and companies owned (click on 2014 TDC Cutting Tools link for a business flier explaining their companies): http://tdc-tools.com/en/datatool.asp?tid=1&id=46
It also seems that Kennametal in increasing their footprint in Greenfield, MA again. This is an an expansion plan from 2014 for GTD in Massachusetts: http://gctv.org/news/2014/july/thursday/its-official-kennametal-expand-greenfield
Greenfield Industries (including Cleveland, Chicago-Latrobe, Cle-Line, Cle-Force, Bassett, Vermont Tap & Die, Putnam Tools and Greenfield T&D) was bought out by Kennametal in 1997: http://www.prnewswire.com/news-releases/kennametal-inc-to-acquire-greenfield-industries-inc-in-transaction-valued-at-approximately-1-billion-77523502.html
Another tool group, Widia, was bought out by Kennametal in 2002: http://www.kennametal.com/en/about-us/history.html
In 2009/2010 Greenfield Tap & Die became part of the Widia product group: http://www.widia.com/en/featured/widia-90-years.html While at the same time, the rest of Greenfield Industries went to TDC tool group (basically, Kennametal kept what they wanted, GTD; and sold off the rest [Greenfield Industries])
The sale of Greenfield Industries to TDC included names/companies such as Cleveland, Chicago-Latrobe, Cle-Line, Cle-Force, Bassett, Vermont Tap & Die, and Putnam Tools http://triblive.com/x/pittsburghtrib/business/s_625899.html
Now with regards to TDC, they are a Chinese owned company/tool group, but still operate plants in the US (as well as mexico and canada):http://qz.com/506651/working-for-a-c...o-china-video/ and this interesting article: http://archive.fortune.com/2010/05/06/news/international/china_america_full.fortune/index.htm
TDC business profile and companies owned (click on 2014 TDC Cutting Tools link for a business flier explaining their companies): http://tdc-tools.com/en/datatool.asp?tid=1&id=46
It also seems that Kennametal in increasing their footprint in Greenfield, MA again. This is an an expansion plan from 2014 for GTD in Massachusetts: http://gctv.org/news/2014/july/thursday/its-official-kennametal-expand-greenfield