Sak Abrasives Inc. Acquires Buffalo Abrasives Inc.

Image
Press Trust of India CHENNAI
Last Updated : Feb 20 2019 | 10:30 AM IST

/ -- Sak Abrasives Inc., a wholly owned subsidiary of Sak Industries Private Ltd., announced its acquisition of Buffalo Abrasives Inc. located in Buffalo, New York, USA.

(Logo: https://mma.prnewswire.com/media/823261/Sak_Abrasives_Inc_Logo.jpg )
Buffalo Abrasives is a leading U.S.-based manufacturer of resin bonded grinding wheels. The company has been a fourth-generation family-owned and family run business with a state-of-the-art manufacturing plant in Buffalo, New York. The company caters mainly to the North American market with distribution spread across the entire continental U.S. The company boasts of many loyal customers in the automotive, oil and gas, aerospace, steel and bearing industries. Commenting on the acquisition, Jeff Binkley, Co-founder and CEO - Buffalo Abrasives Inc said, "We are very excited to be partnering with such an innovative and talented company. Sak Abrasives offers additional capabilities, products and expertise to Buffalo Abrasives. It is gratifying that we can continue to have a significant manufacturing presence in North Tonawanda where it all began."
Sak Abrasives is a division of Sak Industries Private Ltd. and manufactures a full range of industrial abrasives catering to the Indian and overseas markets. During the past 20 years, it has built an enviable base of loyal customers in the automotive, steel, fabrication, foundry, bearing, oil and gas industries. It has two manufacturing plants near Chennai and a Pan-India distribution with sales office in Noida, Kolkata, Pune, Ahmedabad and Chennai. Commenting on the acquisition, Kanika Krishna, COO - Sak Abrasives Inc said, "There is considerable value in a 'Made in USA' brand and our vision is to allow our customers across the globe the choice of products manufactured in different geographies with varying price/quality. We now have a 'Made in India' and 'Made in USA' option in our product offering."
About Sak Abrasives Inc:

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 20 2019 | 10:30 AM IST

Next Story