Chicago Broaching Company Acquires Tooling Manufacturer, Production Machining Company
Chicago – V W Broaching Service, Inc. (Chicago) recently acquired Hennig Broach and Tool Company, Inc. (Harvey, IL) and High Speed Broaching Company, Inc. (Franklin Park, IL). The resulting addition of experienced staff, equipment and inventory will greatly enhance the company’s ability to provide broach tooling and specialty machining services – from one location.
Hennig Broach and Tool was founded in 1947 and has been one of the premier providers of stock keyway broaches worldwide. Susan Hennig, President of Hennig Broach, has joined V W Broaching, along with her staff. According to Russell Roschman, V W Broaching President, “This acquisition is a natural fit for us. After acquiring Broach and Fixture Renewal Service (Harvey, IL) in 2003, we greatly increased our capacity to provide custom broach tooling. Now, the acquisition of Hennig will allow us to provide an entire line of stock keyway broaches ready for immediate delivery.” Roschman hopes that the complete keyway line will be fully stocked within a couple of months.
High Speed Broaching Company was founded in 1952, and was acquired by principal Warren Wilder in 1987. High Speed has been innovative in performing extremely efficient machining services using custom designed and built high speed broaching machinery. Mr. Wilder and his entire staff have joined V W Broaching in various capacities. According to Roschman, “High Speed Broaching has always enjoyed the reputation of being an efficient and economic alternative to milling operations. This addition to our existing high speed broaching department will provide us with greatly increased capacity in that arena. We’re also pleased to have Warren joining us as a sales representative for all of our products and services.”
V W Broaching Service has been servicing the nation’s manufacturing industries since its founding in 1956. V W specializes in broach design, fabrication and reconditioning, as well as production broaching. Prototype, emergency, and breakdown work is undertaken using its five keyseaters and slotters, and its three state-of-the-art Wire EDM machines. Their facility comprises 54,000 square feet in central Chicago.