Methods Machine Tools, Inc. has signed an agreement with the intent to acquire Koch Machine Tool, a machine tool dealer since 1966 and Methods' avenue into the Texas market since 2002.
This agreement is anticipated by both parties by January 1, 2022. Both companies are preparing the proper structure and closing out final transactions for a smooth transition for all employees and customers.
When the two companies finalize the agreement, machine shops throughout Texas will be able to use Methods' applications and automation teams to solve complex machining challenges. In addition, Methods' national machine support structure will build upon the already strong Koch Machine Tool reputation.