IMC has five primary product lines: milling tools, gripping tools,
turning/thread tools, drilling tools and tooling. The main products are split within each product line between consumable cemented tungsten carbide inserts and steel tool holders. Inserts comprise the vast majority of sales and earnings. Metal
cutting inserts are used by industrial manufacturers to cut metals and are consumed during their use in cutting applications. IMC manufactures hundreds of types of highly engineered inserts within each product line that are tailored to maximize
productivity and meet the technical requirements of customers. IMCs staff of scientists and engineers continuously develop and innovate products that address end user needs and requirements.
IMCs global sales and marketing network operates in virtually every major manufacturing center around the world staffed
with highly skilled engineers and technical personnel. IMCs customer base is very diverse, with its primary customers being large, multinational businesses in the automotive, aerospace, engineering and machinery industries. IMC operates a
regional central warehouse system with locations in Israel, United States, Belgium, Korea, Japan and Brazil. Additional small quantities of products are maintained at local IMC offices in order to provide
on-time
customer support and inventory management.
IMC competes in the metal
cutting tools segment of the global metalworking tools market. The segment includes hundreds of participants who range from small, private manufacturers of specialized products for niche applications and markets to larger, global multinational
businesses (such as Sandvik and Kennametal, Inc.) with a wide assortment of products and extensive distribution networks. Other manufacturing companies such as Kyocera, Mitsubishi, Sumitomo, Ceratizit and Korloy also play a significant role in the
cutting tool market.
Marmon Holdings
Marmon Holdings, Inc. (Marmon) is a global industrial organization comprising 13 diverse business sectors and more
than 100 autonomous manufacturing and service businesses. Marmons manufacturing and service operations employ over 20,000 employees at approximately 400 manufacturing, distribution, and service facilities located primarily in the United
States, as well as 21 other countries worldwide. Marmons business sectors are described as follows.
Beverage
Technologies
manufactures beverage dispensing and cooling equipment, and related products for global brand owners and foodservice retailers. Operations are based in the U.S. with manufacturing in China, India, the U.K. and Germany. Products are
sold primarily throughout the U.S., Europe, and Asia.
Foodservice Technologies
manufactures hot and cold food
preparation and holding equipment for restaurants, cafeterias, hotels, caterers, and other foodservice providers worldwide. Operations are based in the U.S., with manufacturing in China and Italy. Products are sold primarily throughout the U.S.,
Europe, and Asia.
Water Technologies
manufactures water treatment equipment for residential, commercial, and
industrial applications worldwide. Operations are based primarily in the U.S., Canada, China, Singapore, India, and Mexico with business centers located in Belgium, France, Poland, Germany, the U.K., Italy, Switzerland, and U.A.E.
Transportation Products
serves the automotive, heavy-duty highway transportation, and aerospace industries with
precision-molded plastic components; fastener thread solutions; metal tubing; auto aftermarket transmission and chassis products; platform trailers; and truck and trailer components. Operations and business are conducted primarily in the U.S.,
Mexico, Canada, Europe, and Asia.
Retail Solutions
provides retail environment design services;
in-store
digital merchandising and display fixtures; shopping, material handling, and security carts; and consumer products, including air compressors and extension cords. Operations are based in the U.S. and
conducted primarily in the U.S., U.K., Czech Republic, and China.
Metal Services
provides specialty metal pipe,
tubing, beams and related value-added services to customers across a broad range of industries. Operations are based in the U.S., Canada, and Mexico and conducted primarily in those countries.
Engineered Wire
& Cable
produces electrical and electronic wire and cable for use in energy,
transit, aerospace, defense, communication, and other industrial applications. Operations are based in the U.S., Canada, India, and England. Business is conducted globally, primarily in the U.S., Canada, India, U.K., U.A.E., and China.
Electrical Products
produces electrical wire and cable for use in utility applications and residential and commercial
buildings; and portable lighting equipment for mining and safety markets. Operations are based in the U.S. and business is conducted primarily in the U.S. and Canada.
Plumbing
& Refrigeration
supplies copper, aluminum, and stainless steel tubing and fittings for
the plumbing, HVAC, and refrigeration markets; and aluminum and brass forgings for many commercial and industrial applications. Business and operations are conducted primarily in the U.S.
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