AXYZ International Enters Waterjet Cutting Industry With WARDJet Acquisition
Burlington, Ontario, Canada - AXYZ International, a global manufacturer of CNC router systems and CNC knife systems based in Burlington, Ontario, announces the acquisition of WARDJet, a Tallmadge, Ohio firm that manufactures waterjet cutting machines and offers custom waterjet systems to a variety of industries.
AXYZ President Alf Zeuner, who will oversee the combined company as president, said, “AXYZ believes in providing localized sales and service support through our own offices. This ensures fast and reliable customer service. We want to bring this same value to WARDJet’s customers.” Due to specialized manufacturing capabilities and advancing technology, “people are excited about creating a new future together,” he added. Both firms offer customized products tailored to the specific needs of the end user.
WARDJet products will continue to be made in the USA at their Ohio facility and will now be supported by AXYZ’s global network of sales and support offices. Founder Richard Ward will retain the title of WARDJet president and said that he is looking forward to the next steps for the business he founded 23 years ago.
The synergy between the two companies makes the WARDJet move to join AXYZ International a logical one. For some potential clients a water jet cutting system may be the best option for the materials to be cut, while for others CNC router or knife technology is the preference.
AXYZ International was founded in 1991 and now has 13 owned-and-operated offices in the United States, Canada, United Kingdom, India and Poland, with plans to open additional offices. Like WARDJet, it sells and services end user customers without a middleman.
Water jet technology “is very complimentary to what we are doing,” said Zeuner. The transaction allows AXYZ to retain “all of the existing infrastructure in both Ohio and Canada because the product lines are so different,” Ward noted. With close to 100 WARDJet employees joining the firm, AXYZ International will now employ around 250 people globally.
“We will have a much larger footprint in the [water jet] industry overnight,” said Ward, noting that the far-reaching network, as well as a strong chemistry with AXYZ, convinced him this was the best way to grow the company. “You have to embrace change to be on the right side of history, and this change is a natural one. WARDJet’s vision and our vision could not be more closely aligned,” added Zeuner.
About AXYZ International
AXYZ International manufactures CNC router systems used in production of aluminium composite panels. For more information, visit www.axyz.com.