Whitestown Precision Manufacturing Firm Expanding

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Whitestown-based REGO-FIX, a manufacturer of precision machining devices, is growing its industrial footprint outside of the U.S. The company has an agreement to acquire the majority equity interests of the Swiss based company GEWITEC AG.

The European company is a global provider of standardized precision parts for the tool and machine industry.

“GEWITEC is an ideal fit for the REGO-FIX Group and working with them will offer increased opportunities and synergies between the two companies. Both share the same core values in terms of quality, customer service and Swiss made precision,” said Richard Weber, chief executive officer of REGO-FIX AG Switzerland.

GEWITEC brands and management will remain unchanged.