Diamond cutter supply company US Synthetic has acquired Brady’s Mining and Construction Supply.
Brady’s, based in St. Louis, Mo., produces diamond roof drill bits and products for underground mining. The acquisition will help US Synthetic break into the booming mining industry and push its services beyond the oil and gas companies it now serves.
US Synthetic is a part of Dover Corp. (DOV-N), which holds a global portfolio of manufacturing companies. Dover brings in more than US$7 billion in revenues annually across a diverse group of industries, ranging from fluid management to electronic technology markets.
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