Modern Machine Shop Industry News: Jan. 21, 2020

“Our predictive maintenance services maximize machine uptime and part quality by detecting major spindle problems before costly and time-consuming catastrophic spindle failure,” says Allen Turk, president and CEO.

Precision Drive Systems (PDS), a global provider of precision spindle motor support and repair based in Bessemer City, North Carolina, has launched a new data-driven predictive spindle maintenance program. 

“Our predictive maintenance services maximize machine uptime and part quality by detecting major spindle problems before costly and time-consuming catastrophic spindle failure,” says Allen Turk, president and CEO of PDS. PDS spindle monitoring technology also protects the machine and workpiece by rapidly shutting down the machine tool in the event of a crash.

During routine spindle repairs performed in the company’s service facility, PDS technicians embed sensors that provide distributive data for manufacturing process improvements. These embedded sensors are hardwired to the machine for real-time, online monitoring of excessive spindle-bearing vibrations and heat to predict the life of the spindle and protect the machine in the event of a crash. 

PDS also offers a quarterly service in which technicians visit the customer’s shop and attach portable wireless sensors to the machine for a quick glimpse at the spindle’s health. This evaluation is then compared to the spindle’s nominal threshold measurements or to PDS’s library of spindle data.


Following the acquisition, Carbro Corp. will operate as Carbro LLC.

Fullerton Tool Co., a manufacturer of solid carbide cutting tools located in Saginaw, Michigan, has announced the acquisition of Carbro Corp., a manufacturer of solid carbide rotary tools located in Lawndale, California. Following the acquisition, Carbro Corp. will operate as Carbro LLC.

Carbro will continue to operate as its own entity, as well as partner with Fullerton to create strategic partnerships aimed at the aerospace market. This acquisition and partnership will allow Carbro to continue to provide its existing products and services.

“Carbro and Fullerton will continue to build upon their existing product lines and reputations and together will create strategic partnerships to better service specialty markets as well as our customers,” says Patrick Curry, president and co-owner of Fullerton Tool. “I am excited for the future with both of these companies and how this partnership will impact the manufacturing industry.”


Robert McCoy, who has been with Grizzly for over 30 years, has been promoted to the position of president in Shiraz Balolia’s place. 

Shiraz Balolia

Shiraz Balolia, founder of Grizzly Industrial, is moving into the positions of chairman and CEO.

As Grizzly Industrial’s founder, Shiraz Balolia, takes on the role of chairman and CEO, Robert McCoy has been promoted to the position of president.

“Shiraz is and was a consummate businessman who operates with fairness and integrity for his employees, vendors and customers,” says Mr. McCoy. “His legacy is one of hard work, dedication and innovation, and he created opportunities for countless individuals and families through his business ventures.”

Mr. Balolia started Grizzly Industrial in 1983 after his hobby of refurbishing and selling metal lathes took off. He discovered a demand for, so he developed relationships with factories overseas and began to import new machines under the Grizzly name. In those early years, he ran the business out of his Volkswagen van. Thirty-seven years later, Grizzly employs over 300 people in multiple showrooms and warehouses in the United States as well as in company offices in Taiwan and China. 


Intrepid provides carbide, high speed steel (HSS) and polycrystalline diamond (PCD) cutting tools to the aerospace sector.

GWS Tool Group has acquired Intrepid Tool Industries. Located near Phoenix, Arizona, Intrepid is a provider of carbide, high speed steel (HSS) and polycrystalline diamond (PCD) cutting tools to the aerospace sector, with a special emphasis on threaded-shank and brazed-construction drills, reamers and countersinks.

“Intrepid could not have been a better fit for our organization,” says Rick McIntyre, CEO of GWS. “In addition to this investment establishing a substantial physical presence on the West Coast on which to further build, their industry-leading product and service portfolio is the perfect complement to our already dynamic offering.” 

“I am very excited for Intrepid Tool to be joining GWS Tool Group,” says Bret Tayne, founder and president of Intrepid. “The leadership of GWS Tool Group is the most dynamic and energetic team in the industry.  This combination with GWS Tool Group serves the interests of all constituencies of Intrepid Tool, from customers to vendors to employees.”