SCHAUMBURG, Ill. - International Technologies Inc. has signed an agreement with Peachtree City, Ga.-based MetalForming Inc. to become the exclusive North American distributor of the German Fasti line of sheet-metal machinery. The transaction is effective immediately. Terms were not disclosed.
According to International Technologies President Alan R. Gildemeister, "Our foremost goals are to execute a smooth, seamless transition for existing Fasti customers, to expand sales of Fasti machines and to offer exceptional service to our customers."
Gildemeister also announced that Wolf Groeberm, MetalForming's Fasti service technician, has joined International Technologies, "to ensure that we continue to deliver outstanding, reliable service to our Fasti customers."
According to MetalForming President Geoff Stone, the agreement will help all companies involved.
"Fasti will clearly benefit from the breadth and scope of industry knowledge at International Technologies as well as from the intense focus the company will place on the Fasti brand," Stone said. "At the same time, MetalForming will continue to execute its dynamic business plan designed to accelerate our growth and maintain our market leadership by concentrating our talent, efforts and resources on the architectural sheet-metal segment.