Wallover Oil Company, a leader in the manufacture of metalworking fluids and industrial lubricants, has acquiredCommonwealth Oil of Harrow, Ontario, Canada.
Founded in 1978, Commonwealth Oil has made substantial inroads into the metalworking fluid market. In particular, significant success has been achieved in the EDM and tubing forming segments.
Wallover President Eric Kielts comments, "We are excited to add a company like Commonwealth Oil to our growing family. Its first rate facility and strong Canadian presence will help us as we continue to expand our North American metalworking business."
Wallover plans to keep the Commonwealth Oil operation intact, retaining all Commonwealth Oil employees and distributors.
"The well-respected Commonwealth Oil brand and the Canadian market are important to our plans moving forward. We intend to continue to invest in both," Kielts notes.
Latest from Today's Medical Developments
- GrindingHub Americas launches in 2027 in Cincinnati, Ohio
- Methods Machine Tools now offers the Nakamura-Tome NT-Flex
- Battelle awards $900,000 in STEM education grants to Ohio schools
- #55 Lunch + Learn Podcast with KINEXON
- Starrett and Gerstner offer limited edition, American made 1950s replica wooden machinist tool chests
- EMCO’s UNIVERSALTURN 50: The new benchmark in universal turning
- Archetype's Expertise for Equity accelerates early-stage innovation
- Stratasys expands its AM solutions with Tritone's cutting-edge technology
