Allied Machine & Engineering Corp. Acquires Criterion Machine Works

Allied Machine & Engineering Corporation, a manufacturer of high performance drilling systems distributed worldwide, today announced the acquisition of Criterion Machine Works.

 

Allied Machine & Engineering Corporation, a manufacturer of high performance drilling systems distributed worldwide, today announced the acquisition of Criterion Machine Works which will become Criterion Allied, Inc. effective June 3, 2013. With this acquisition, Allied expands its product line offering with more solutions for their customers’ hole making requirements.
 
Headquartered in Costa Mesa, CA, Criterion has supplied customers worldwide for over 75 years with modular boring system products that increase productivity and improve precision. Criterion offers a comprehensive line of modular boring systems, boring heads, boring bars and boring tools. Bob Wahlstrom, President, of Criterion Machine Works, notes, “This acquisition connects Criterion’s products to a progressive company that is significant in the hole making industry.”
 
Gary Kropf, Vice President of Sales and Marketing, stated, “I look forward to welcoming Criterion into Allied Machine & Engineering Corp. Criterion offers quality boring products with a focus on performance and productivity. This acquisition allows Allied to stay focused around hole making and offers the next step to finishing many of the holes we make.”
 
No immediate changes are planned for Criterion’s or Allied’s distribution systems, order procedures or manufacturing process. Allied’s technical group of Field Sales Engineers will service end users and distribution.
 
Allied and Criterion are excited about the synergy created from the acquisition and the benefits to the customer.