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Business Briefs

Hyde acquires slitting knives line from Thurston

Hyde Industrial Blade Solutions (IBS), a division of Hyde Tools, Inc., has acquired the square edge slitting knives line from Thurston Manufacturing of Smithfield, Rhode Island. The purchase covers the product line and machinery to service existing Thurston customers and provide Hyde customers with better access to this line of knives used for cutting of thin sheet metal, paper, cloth, fabric and rubber.

Hyde plans no outwardly apparent changes for Thurston customers as both companies are working to ensure a smooth and seamless transition. Production for this line will be moved to Hyde’s ISO 9001:2015 certified facility in Southbridge. No purchase terms were disclosed.

Founded in 1883, Thurston Manufacturing specializes in the manufacturing and supplying of custom saw blades and circular cutting tool products.

As a wholly-owned division of the Hyde Group, Hyde Industrial Blade Solutions services a wide variety of markets including food processing, cloth, textile and leather, hose and tube, tire and rubber, plastics processing, paper converting, packaging and abrasives as well as for general industrial applications.

Published in the March 2019 Edition

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