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Business & Tech

Allis Tool & Machine Corp. Acquires SlideTech LLC

Allis Tool & Machine Corp. is Led by Peter Rathmann, President, and Other Investors Committed to Additional Growth

Peter Rathmann, President, Allis Tool & Machine Corp.
Peter Rathmann, President, Allis Tool & Machine Corp.

Allis Tool & Machine Corp., West Allis, Wis. has acquired the assets of SlideTech LLC, Clyman, Wis. SlideTech, LLC was purchased by John Petuschek in 2003, originally in Waukesha, Wis., and later moved to Clyman. It has built a great reputation nationally with a foundation of personal service. This will continue to be offered for years to come with John joining and helping to expand the innovative product lines under the Allis Tool & Machine Corp. umbrella.

Peter Rathmann, President and CEO of Allis Tool & Machine Corp. said, “The acquisition of SlideTech, LLC will provide Allis Tool & Machine Corp. further growth and diversification by expanding into new markets and adding new solutions to existing markets. Not only were we a user of the now offered linear guides, slide blocks, slide nuts, and lead screw repair solutions , now we can offer prototyping and additional emergency repair solutions for OEM equipment where parts are impossible to get from the manufacturer and also new equipment where companies are tired of long lead times on basic functioning motion parts.”

“SlideTech, LLC clients will now have added services like machining, fabrication, assembly, painting, stocking solutions, and co-development services. It’s exciting to talk about growth and develop additional plans for growing people,” continued Rathmann.

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Allis Tool & Machine Corp. was originally founded in West Allis, Wis. in 1953 by a Navy veteran and has expanded and grown at its original location ever since, which is the corporate headquarters today. In 2017, Allis Tool & Machine Corp. went through a leadership change that has facilitated additional growth through equipment purchases and service differentiation.

Allis Tool & Machine Corp., a Wisconsin-based S-Corp, is comprised of Peter Rathmann and other investors that are committed to additional growth through hiring the best-skilled employees, investing in new capabilities and expanding existing services, and completing additional acquisitions.

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For more information, contact Peter Rathmann, president and CEO, at 414-353-5500, by email to prathmann@allistool.com. Allis Tool & Machine Corp. and SlideTech, LLC are located at 647 S. 94th Place, West Allis, Wis. 53214. Additional information on the companies is available at www.allistool.com and www.slidetech.net.

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