{"id":4216,"date":"2023-08-28T13:43:36","date_gmt":"2023-08-28T17:43:36","guid":{"rendered":"http:\/\/www.comact.com\/?p=4216"},"modified":"2023-08-28T13:43:37","modified_gmt":"2023-08-28T17:43:37","slug":"bid-group-to-acquire-industrial-cutting-solutions","status":"publish","type":"post","link":"https:\/\/www.comact.com\/en\/2023\/08\/28\/bid-group-to-acquire-industrial-cutting-solutions\/","title":{"rendered":"BID Group to Acquire Industrial Cutting Solutions"},"content":{"rendered":"<p><strong><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-4217 alignleft\" src=\"http:\/\/www.comact.com\/wp-content\/uploads\/2023\/08\/BID-Group-ICS-Acquisition-300x197.png\" alt=\"\" width=\"300\" height=\"197\" srcset=\"https:\/\/www.comact.com\/wp-content\/uploads\/2023\/08\/BID-Group-ICS-Acquisition-300x197.png 300w, https:\/\/www.comact.com\/wp-content\/uploads\/2023\/08\/BID-Group-ICS-Acquisition-1024x673.png 1024w, https:\/\/www.comact.com\/wp-content\/uploads\/2023\/08\/BID-Group-ICS-Acquisition-768x505.png 768w, https:\/\/www.comact.com\/wp-content\/uploads\/2023\/08\/BID-Group-ICS-Acquisition.png 1095w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/>Vancouver, BC, August 28, 2023 \u2013 <\/strong>BID Group is pleased to announce it has entered into an agreement to acquire Industrial Cutting Solutions. The transaction deepens BID\u2019s geographic and product offering in the wood processing saw and tooling segment and further expands BID\u2019s industry-leading operational life cycle product and service offerings.<\/p>\n<p>Industrial Cutting Solutions is an innovative supplier and service provider of high-quality saws and critical consumable products to the wood processing industry. Located in Buhl, Alabama, Industrial Cutting Solutions is ideally positioned to meet growing customer demand for wood processing saw supply and service.<\/p>\n<p>\u201c<em>We are excited to partner with the Houston family and the Industrial Cutting Solutions team.\u00a0 This marks another important step in growing with our valued customers demand for modern, high quality and innovative saw and tooling technology solutions. Together with Smith Sawmill Service and BID\u2019s BLADE cutting tool solutions, we are pleased to continue incorporating saw and tooling technologies into our BID Turnkey, wood process systems, and aftermarket support offerings.<\/em>\u201d said Dustin Norris, Vice President, Smith Sawmill Service<\/p>\n<p>\u201c<em>We are pleased to join industry leaders BID and Smith Sawmill Services<\/em>.\u201d said Keith Houston, Industrial Cutting Solutions. \u201c<em>I would like to thank our team for their dedication and hard work. We are confident this partnership will provide our employees, suppliers, and customers with exciting opportunities and benefits for years to come<\/em>.\u201d<\/p>\n<p>The transaction is expected to close in Q4 2023 and is subject to customary closing conditions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Vancouver, BC, August 28, 2023 \u2013 BID Group is pleased to announce it has entered into an agreement to acquire Industrial Cutting Solutions. The transaction deepens BID\u2019s geographic and product offering in the wood processing saw and tooling segment and further expands BID\u2019s industry-leading operational life cycle product and service offerings. Industrial Cutting Solutions is [&#8230;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-4216","post","type-post","status-publish","format-standard","hentry","category-non-classe"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.comact.com\/en\/wp-json\/wp\/v2\/posts\/4216","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.comact.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.comact.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.comact.com\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.comact.com\/en\/wp-json\/wp\/v2\/comments?post=4216"}],"version-history":[{"count":0,"href":"https:\/\/www.comact.com\/en\/wp-json\/wp\/v2\/posts\/4216\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.comact.com\/en\/wp-json\/wp\/v2\/media?parent=4216"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.comact.com\/en\/wp-json\/wp\/v2\/categories?post=4216"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.comact.com\/en\/wp-json\/wp\/v2\/tags?post=4216"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}