Oak Brook, IL September 18, 2024 – Maxcess International, a global leader in innovative products and services for automated web handling applications, is pleased to announce the acquisition of International Cutting Die Inc. (ICD), a renowned manufacturer of precision cutting solid dies and supporting tools based in Melrose Park, Illinois. This strategic acquisition enhances Maxcess’s capabilities and strengthens its presence in the rapidly growing Nonwoven industry.
With over 50 years of experience, ICD has built a reputation for excellence in producing high-quality cutting dies used in various industries, including Nonwoven materials, packaging, and more. ICD has developed several exclusive technologies that can be utilized across Maxcess‘ industry platforms to improve customers‘ efficiencies and increase productivity. Their expertise and commitment to innovation make them a valuable addition to the Maxcess family.
“This acquisition marks an exciting new chapter for Maxcess International,” said Odd Joergenrud, CEO of Maxcess. “By integrating ICD’s cutting-edge innovations, including Tungsten Carbide and Powdered Metal solid die manufacturing, die station manufacturing and exclusive elastic entrapment technology with our existing RotoMetrics brand global leadership position in narrow web die cutting, nobody can offer as comprehensive or complete a portfolio of solutions for both wide web and narrow web applications. Basically, our customers can cut and convert any material. As a result, we are well-positioned to deliver even greater value to our customers in the Nonwoven sector, Tag & Label, and beyond. This acquisition aligns with our strategy to expand our product offerings and deepen our relationships within Nonwoven and other critical and emerging industries.”
The Nonwoven industry has experienced significant growth due to increasing demand for new products and solutions in medical, personal hygiene, automotive, and consumer goods. By acquiring ICD, Maxcess is poised to meet this demand with enhanced product offerings and increased manufacturing capabilities.
“We are thrilled to join forces with Maxcess International,” said Kevin McEnery, General Manager of International Cutting Die. “This partnership allows us to leverage Maxcess’s global resources and extensive distribution network, enabling us to reach new markets and deliver superior solutions to our existing and new customers. ICD can also engage with Maxcess R&D resources to leverage software development, automation, guiding and vision solutions to enhance our products with Industry 4.0 technologies and create smarter cutting solutions. We look forward to contributing to Maxcess’s continued success and innovation.”
The acquisition of ICD will provide Maxcess with expanded manufacturing facilities and a highly skilled workforce in the wide web Nonwoven Market, further enhancing the company’s ability to deliver customized solutions and exceptional service and support to its clients. Additionally, Maxcess global footprint offers several opportunities to expand the ICD product offering globally in solid dies and die stations. Together, Maxcess and ICD will continue to push the boundaries of innovation and drive growth in the Nonwoven industry.
Maxcess International remains committed to providing world-class solutions that optimize productivity and efficiency for its customers so they can work better, faster and smarter. The addition of ICD underscores this commitment and positions Maxcess as a leader in delivering comprehensive solutions across various industries.
Source: Maxcess