AHB Tooling & Machinery managers acquire company
AHB Tooling & Machinery Inc. announced two senior leadership team members have purchased the metalworking distributorship from previous owner Kevin Hess.
Mike Gleason and Jon Hays are now co-owners of Roseville, Michigan-based AHB, while Hess remains with the company as director of business development.
Gleason has been at AHB for 20 years and Hays has been with the company for 17 years.
“We anticipate an exceptionally smooth transition,” said Gleason. “It is our expectation that our customers and employees will not experience any changes as a result of the change in ownership.”
Hays, previously vice president of sales and a metalworking specialist, will continue to lead the sales team. Gleason was previously the company’s controller and, most recently, vice president of operations and will continue to lead the operations team.
Gleason and Hays have played key roles during the company’s 9-year stretch of double-digit growth and expect to continue that trend in 2019.
“We’re poised to continue our growth trend,” said Hays. “Both Mike and I want to thank Kevin for his vision and leadership for the last 20 years. We’re excited he has agreed to stay on with AHB in a sales role, which should make the transition even smoother. As an organization, AHB understands the importance of being locally and family owned. Not only does this transaction ensure this tradition, it reinforces continuity of service. We’re redoubling our commitment to customer satisfaction.”
“In addition to driving our continued growth,” said Gleason, “Jon and I will continue to operate the company as a faith-based organization that provides AHB employees with a stable career future. Our faith is a priority for us and we expect to practice it with how we lead AHB.”
AHB offers a wide range of industrial goods including abrasives, custom welded band saw blades, cutting tools, fluids and air/water/oil filtration products. The company has 50 employees and approximately $40 million in revenue.
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