General International has a new owner
DMT Holdings acquired General International Mfg. Co., a Montreal-based manufacturer and supplier of woodworking and metalworking machinery, and its subsidiary General International USA Inc. DMT Holdings vice president and COO…
DMT Holdings acquired General International Mfg. Co., a Montreal-based manufacturer and supplier of woodworking and metalworking machinery, and its subsidiary General International USA Inc.
DMT Holdings vice president and COO Clifford Rickmers will oversee General’s operations in Canada and the U.S. Christian Chénier will continue to serve as General International’s president and CEO, while Scott Box remains as the operations manager at General International USA in Murfreesboro, Tenn., according to a company release.
The company also announced the retirement of co-president Gilles Guerette.
“This acquisition will provide General International with an injection of fresh capital, creating an exciting opportunity to further drive company growth and expand on its already successful brands and product lines,” company spokesman Norman Frampton said in a statement.
“With its proud heritage of over six decades of service to the woodworking industry, General International invites customers across North America to look for new and improved product offerings as well as many old favorites, under the General International, General CNC and Excalibur by General International brands.”