Windings acquires Machine Tool Engineering
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Windings acquires Machine Tool Engineering
Windings Inc., an employee-owned manufacturer of precision-engineered motors and motor components based in New Ulm, Minn., has acquired North Iowa-based Machine Tool Engineering Inc. The acquisition closed July 30. Founded in 1976, Machine Tool Engineering provides CNC turning, milling, grinding and Swiss machining capabilities. The acquisition brings those operations in-house for Windings. “This acquisition represents…
Windings acquires MTE to expand precision machining
Windings has acquired North Iowa-based Machine Tool Engineering, Inc. (MTE), a precision machining company serving mission-critical industries. The acquisition strengthens Windings’ in-house manufacturing capabilities and supports a more integrated supply chain for its customers. Windings Inc is a global manufacturer of high-reliability precision engineered motors and motor components and has been a provider of electromagnetic motor solutions fo…
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