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Beehive Industries has acquired Able Tool Corporation for an undisclosed amount. Able Tool, a woman-owned business with a 30-year history in smart manufacturing solutions, specializes in providing high precision machining services. The company focuses on high mix and lower volume needs for a diverse customer base, consistently excelling in terms of quality, agility, and customer engagement.
Able Tool's machining advantages are significant, featuring large horizontal mills capable of handling dimensions up to 12’ x 8’ x 4’ and vertical machining centers with 4- and 5-axis capabilities for producing highly complex shapes. Its specialized VTL capabilities and Wire EDM services address unique customer requirements. This acquisition strategically enhances Beehive Industries' portfolio by integrating Able Tool's advanced precision machining and its growing involvement in full machine assembly, integration, and testing.
The integration of Able Tool's robust network of high-quality subcontractors for services such as paint, coatings, and heat treatment will expand the combined entity's comprehensive offerings. Able Tool's reputation as a "destination employer," underscored by its exceptional crew of machinists and programmers with an average tenure of 8 to 12 years, is expected to contribute significantly to the combined entity's stability, quality metrics, and operational agility. This acquisition is anticipated to create substantial synergies, combining Beehive Industries' strategic vision with Able Tool's specialized technical proficiencies and highly skilled, stable workforce to deliver more integrated and advanced manufacturing solutions to a broader market.