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Fletcher Business Group Acquires Atlas Saw & Tool

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Fletcher Business Group Acquires Atlas Saw & Tool FOR IMMEDIATE RELEASE Media Contact: Sarah Archambault • 917.923.9838 • [email protected] FLETCHER BUSINESS GROUP ACQUIRES ATLAS SAW & TOOL Global Solution Provider Expands Product Line and Services through Acquisition of Leading Provider of Saw Blades, Cutting Tools and Sharpening Services [East Berlin, CT – January 23, 2017] Today, Fletcher Business Group (FBG) – a leading provider of solution-driven technologies for a wide range of industries – including custom and OEM picture framing; sign and digital graphics; hardware; woodworking; and float and glass fabrication industries – is announcing the acquisition of Atlas Saw & Tool and Tem-Tech. With locations in Illinois, Florida and Arizona, Atlas provides high quality saw blades, cutting tools and sharpening services. Tem-Tech carries a high capacity saw line, along with repair/refurbish services for all saw types. Atlas Saw & Tool joins FBG’s roster of globally recognized brands as a wholly owned subsidiary and will continue the day-to-day operations of its key brands. Atlas serves a variety of markets including picture framing, cabinet making, flooring, millwork and the plastic industry. Using precise German CNC grinders and associated robotics, Atlas Saw sharpens blades and tools to OEM specifications and serves customers nationwide from its three regional tech centers. Atlas will continue to provide custom saw blade design services, fabrication and re-sharpening programs utilizing its premier selection of American and Japanese made core blades. The Tem-Tech brand offerings will remain, including the large capacity saw, CNC moulding profile template machine, saw service, repair and preventative maintenance programs. This will include service, refurbishment and parts support of Pistorius brand saws. The acquisition of Atlas Saw & Tool represents another step forward in Fletcher Business Group’s continued commitment to be a solution-driven technology provider. With significant crossover into some of FBG’s key markets like picture framing and wood working, Atlas strengthens the company’s ability to leverage its total value as a multi-solution provider. “We are excited to welcome Atlas Saw & Tool to the Fletcher Business Group family,” said Blair Tomalonis, President of FBG. “The high-quality products and services Atlas Saw & Tool provides to its customers will help our company continue to expand our market offerings. And, it allows us to provide additional solutions and services, particularly in the picture framing market.” Ben Paharik, Fletcher Business Group’s Managing Partner who leads the company’s efforts in new technology, agrees and said, “With the recent acquisition of Atlas, Fletcher Business Group will now be uniquely positioned to offer turnkey mitre cutting solutions, optimizing the efficiency of the saw, saw blade and blade resharpening. Our expanding team of technical applications experts stand ready to address the changing needs of our markets.” “Atlas Saw & Tool is thrilled to now be a part of the Fletcher Business Group,” said Kent Kerns, General Manager of Atlas Saw & Tool. “Joining the Fletcher Business Group was a natural next step in the evolution of our third-generation company. Our products are complimentary to their line and we also share the same values around customer service. We are looking forward to a being a part of the FBG family.” ### About Fletcher Business Group Formed in 2012, The Fletcher Business Group is made up of five globally recognized brands – Fletcher, Alfamacchine, Albin, AMP and Picture Perfect. The company offers its customers solution-driven technologies for Frame Joining; Mitre Cutting; Substrate Cutting; Hanging and Display; Assembly|Finishing; and Automated Glass Cutting. Fletcher Business Group is the recognized leader across a diverse range of industries including custom and OEM picture framing; sign and digital graphics; hardware; woodworking; and float and glass fabrication industries. Originally founded in 1868, and formerly known as the Fletcher- Terry Company, has a longstanding global reputation for high quality products, innovation and exceptional customer service. For more information, visit www.fletcher-terry.com. About Atlas Saw & Tool Atlas Saw & Tool is a third-generation, privately-owned company that has been providing its customers with the highest quality sharpening service since 1948. Atlas specializes in sharpening cutting tools for the plastics, wood, metal and paper industries. The company also manufactures custom tooling and its professional grinding technicians have over 100 years of combined grinding experience. Atlas’ machines run with computer numerical control (CNC) technology, providing tools with a “better than factory edge.” For more information, visit www.atlassaw-tool.net. .
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