Stone Fox Ventures
Private Equity Capital Investments
PRESS RELEASE
Stone Fox Ventures Announces New Business Unit Global Cutting Tools, LLC
Private equity investment firm forms new business unit.Grand Rapids, August 1, 2014: Stone Fox Ventures, a private equity investment, has formed a new business unit, Global Cutting Tools, LLC. Global Cutting Tools will manufacture and market high performance, specialty, custom and precision end mills.
The announcement was made by Robert M. Shindorf, Managing Member of Stone Fox Ventures and President of Conical Tool Company.
“At Conical Tool Company, we’ve always been developing and refining specialty, precision and high performance cutting tools. This new business unit will give us the opportunity to leverage the Conical Tool name and develop new business opportunities and new high performance cutters that otherwise wouldn’t be possible,” said Robert Shindorf. “Conical will continue to manufacture the cutting tools that made it a common name the world around, while Global will focus on new business and the best technology and geometries available. We will add additional product offerings to enhance our catalog and overall experience our customers receive.”
Conical Tool Company and Global Cutting Tools, based in Grand Rapids, Michigan, manufactures an innovative line of high performance, specialty, custom and precision end mills and cutting tools to support the manufacturing sector through many industries including: aerospace, agriculture, automotive, casting & foundries, defense, electronics, energy, furniture, medical, metalworking and plastics / composites.
The managing member of Stone Fox Ventures, Robert M. Shindorf, has extensive experience improving and developing manufacturing and distribution companies. Mr. Shindorf will serve as the company’s President and Chairman, using his experience in international manufacturing organizations to increase the company’s operational, financial and sales performance.
Stone Fox Ventures is a private equity investment firm that acquires, structures, manages and grows middle-market manufacturing, distribution and services companies with industrial and business customers. For more information, please visit https://stonefoxventures.com. For information on Conical Tool Company, please visit http://conicalendmills.com.
PRESS RELEASE
Stone Fox Ventures Announces New Business Unit Allied Industrial Supply, LLC
Private equity investment firm forms new business unit.Grand Rapids, June 3, 2013: Stone Fox Ventures, a private equity investment, has formed a new business unit, Allied Industrial Supply, LLC. Allied Industrial Supply will support new business revenue opportunities for other Stone Fox Ventures holdings as well as leading brands in the metalworking, maintenance, repair and operating (MRO) industries..
The announcement was made by Robert M. Shindorf, Managing Member of Stone Fox Ventures and President of both Conical Tool Company and Global Cutting Tools.
“We’ve always been supporting customers in the MRO segments, and this new business unit will allow us to service them better in the regional and ecommerce realms. We’ve spent a number of months developing top tier vendors to be able to provide products and services which not only compliment our other business holdings, but enhance the customer experience,” said Robert Shindorf. “We will not only be able to supplement sales of Conical Tool Company and Global Cutting Tools, through enhanced local distribution, we will be able to add additional product offerings which add performance and value to our existing SKUs. For instance, our marketing material at Conical discusses the importance of proper cutting tool holders, now we can provide those as a valued added sale.”
Conical Tool Company and Global Cutting Tools, based in Grand Rapids, Michigan, manufactures an innovative line of high performance, specialty, custom and precision end mills and cutting tools to support the manufacturing sector through many industries including: aerospace, agriculture, automotive, casting & foundries, defense, electronics, energy, furniture, medical, metalworking and plastics / composites.
Allied Industrial Supply, will be a broad line supplier of metalworking and maintenance, repair and operating (MRO) products for industrial customers throughout the state of Michigan supports the manufacturing sector through many industries including: aerospace, agriculture, automotive, casting & foundries, defense, electronics, energy, furniture, medical, metalworking and plastics / composites.
The managing member of Stone Fox Ventures, Robert M. Shindorf, has extensive experience improving and developing manufacturing and distribution companies. Mr. Shindorf will serve as the company’s Chairman, using his experience in international manufacturing organizations to increase the company’s operational, financial and sales performance.
Stone Fox Ventures is a private equity investment firm that acquires, structures, manages and grows middle-market manufacturing, distribution and services companies with industrial and business customers. For more information, please visit https://stonefoxventures.com. For information on Conical Tool Company, please visit http://conicalendmills.com.
Manufacturing Initiative
PRESS RELEASE
Conical Tool Announces Manufacturing Representative Initiative
Market analysis indicates strong interest from distribution and end user tiers and major improvements to the sales network through corresponding customer relations.Grand Rapids, February 5, 2013: Conical Tool Company, a leading provider of tapered end mills and specialty tooling since 1944, formally announced today it is actively engaging in discussions to contract top tier Manufacturing Representatives to support its sales network throughout the United States of America and abroad. To date, all regions and territories are available and Conical Tool Company is working on building out its national and international partners in the coming months.
Conical Tool Company’s innovative line of high performance, specialty, custom and precision end mills and cutting tools support the manufacturing sector through many industries including: aerospace, agriculture, automotive, casting & foundries, defense, electronics, energy, furniture, medical, metalworking and plastics / composites.
Throughout 2013, Conical Tool Company is investing significantly in technical / sales publications and online resources while simultaneously researching, developing and refining multiple new product lines which will launch in every quarter of 2013. By coupling the strong history of innovation with the local technical support of regional Manufacturing Representative, significant growth can occur for both parties while providing the manufacturing industry with a tier 1 line of performance, specialty, custom and precision tooling.
Exclusive rights to territorial representation will be granted to the qualified and contracted regional Manufacturing Representative firm. Contracts will be issued for a negotiated period of time at a negotiated progressive rate. Significant benefits will exist for the contracted firm:
• Priority placement in our digital sales, marketing and technical material;
• Customized printed support material to arm distributors and end users with resources and guides;
• Online presence, website development and search engine optimization to strengthen lead generation in each region;
• The association with a leading brand and continuous innovator;
All products are designed, engineered and manufactured in the USA with domestically purchased products.
Experienced firms are highly encouraged to contact Conical Tool Company before all territories are contracted as the company is taking an aggressive approach to fulfilling the market need for representation to better support local sales efforts.
Conical Tool Company will be accepting inquiries directed to Robert M. Shindorf through direct phone calls at (616) 531-8500 or emails to marketing [ at ] conicaltool.com.
Headquartered in Grand Rapids, MI, Conical Tool Company is one of the nation’s leading cutting tool manufacturers.