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Industry News
3D printer that makes it possible to create highest quality prints in SLS technology. Sinterit is the world’s first manufacturer of desktop 3D printers in professional laser sintering technology and has two models: Lisa and Lisa Pro.
Mazak Distributors An-
nounce Purchase Agree-
ment
Longtime Mazak distributors Smith Machinery and Action Machinery have closed on an acquisition agreement. With the acquisition, Smith Machin- ery transitions to Smith Machinery Corporation, LLC and joins the Action Machinery group to ensure customers continue to receive the service and support that Smith Machinery has provided for 60 years.
“With Mazak at its core, Action Ma- chinery International, Inc. is positioned to serve both metalcutting and fabrica- tion customers in the Rocky Mountain region. Shared resources among the companies and economies of scale will enable the group to provide even higher levels of support while reducing over- all operating costs,” said a company spokesperson.
Clark Smith, owner of Smith Ma- chinery, will stay on at Smith Ma- chinery several months during the ownership transition. The company’s administrative, sales and applica- tions staff will remain unchanged and provide customers and builders with continued support. Additionally, the company will maintain the longtime service relationship between Smith Machinery and Neotech.
Tom Weaver of Action Machinery will assume responsibilities for day- to-day operations as the new general manager of Smith Machinery. Randy Breitenbach, President of Action Machinery, will take an active role in financial management and leadership.
“The Smith business is an estab- lished and successful one,” said Bre- itenbach, “and the combined resources
of our two companies will provide customers with an added layer of ser- vice and support in addition to Mazak’s own services. More importantly, it will preserve the highly respected Smith company name and its family’s stellar reputation in the industry.”
Action Machinery International, Inc. was founded in 1982 and has been under the ownership of Breitenbach
since 1994. The company expanded into the Utah market in 2003 and formed a new business called Action Machinery, LLC in 2005 with Tom Weaver as partner and manager. The two companies built their business serving OEMs and job shops in Colo- rado and Utah, and both have long- standing relationships with leading equipment builders.
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