Dayton manufacturer makes acquisition
Joe Cogliano ■ DBJ
Chuck Biehn is CEO of CB Manufacturing.
Dayton Business Journal
A local industrial knife maker has purchased the product line of another Dayton-area manufacturer.
American Cutting Edge in Centerville acquired the industrial blade business of Xenia-based Superion Inc. The sale includes Superion’s line of solid tungsten carbide and ceramic razor blades —premium, long-lasting blades used to cut or convert materials such as foil, film, paper and textiles —as well as its proprietary sharpening process that allows the blades to be used multiple times.
Terms of the deal, which includes equipment and intellectual property, were not disclosed. Company officials say the sale will allow Superion Inc. to concentrate on its primary line, the manufacturing of precision cutting tools for metalworking.
American Cutting Edge — a division of West Carrollton-based CB Manufacturing & Sales Co. — designs and produces steel and tungsten carbide industrial blades that are sold globally.
Chuck Biehn, CEO of CB Manufacturing, told me Monday morning the acquisition is a big deal because his company had been importing a majority of the products it just acquired from Superion.
“This allows us to react faster to customer needs and have the ability to offer more American-made products,” Biehn said. “We believe with this new equipment we will be able to compete with the factories overseas where we now get the product.”
American Cutting Edge will pick up two employees from Superion and will need to hire at least two more people. Biehn hopes to eventually expand the newly acquired product line.
CB Manufacturing has about 140 employees, which includes its American Cutting Edge and Certified Heat Treating divisions. The parent company is one of the Top 100 local companies with more than $24 million in revenue last year, according to Dayton Business Journal research.
This is the second acquisition of a local company for CB Manufacturing in less than a year. Last fall, it purchased Heat Treating Inc. in Springfield.