Roto-Die Joins the Formtek Group
06/18/2013 - Formtek, Inc. has entered into agreement to purchase Roto-Die, Inc.
Based in Cleveland, Ohio, Roto-Die is a manufacturer of hydraulic press brakes for sheet metal that has a unique, versatile tool design to quickly and easily switch between bending operations.
“Having common dealers and serving similar markets, Roto-Die is a great fit for the Formtek Group,” says Darren Muchnicki, president of Formtek, Inc. “It will be a great compliment to our Iowa Precision, Lockformer, Engel, Lion and ISM products and solutions.” Roto-Die will join the Cleveland location of Formtek.
Formtek is a group of long-established companies, each with a well-known name and a history of providing innovative, reliable equipment to the metal forming and metal processing industries. As a single source provider, Formtek continues to supply its customers with the highest quality equipment, parts and service available in the industries it serves.