Valenite to be incorporated within Walter

Walter Valenite will be integrated into the operations of Walter North America, and the move will see the US company's range of indexable insert tools for turning, drilling and milling, as well as special-purpose tooling, incorporated with Walter's carbide and PCD insert tooling for turning, drilling and milling, the Walter Titex drilling products and the Walter Prototyp threading and milling tools. "The addition of the Walter Valenite products will not only improve our presence in North America, but will also enhance our worldwide position in the automotive sector," said Walter chairman Peter Witteczek. Valenite LLC is based in Michigan, Walter USA in Wisconsin. • Valenite – which was founded in 1943 as MODCO for the manufacture of special tools, and has for decades been recognised as a market leader in the US, particularly in the automotive sector, which it continues to supply, alongside the medical, wind energy and aerospace industries.