ARCH Global Precision Announces the Acquisition of R.I. Carbide Tool, CO.
ARCH Global Precision, a Strength Capital Partners, LLC platform company, has acquired R.I. Carbide Tool, Co. (“RIC”), located in Smithfield, Rhode Island. RIC is a manufacturer of custom solid carbide-tipped cutting tools for the medical, automotive, firearms, and general industrial markets. They also manufacture nail and header tooling for the fastener industry