KOMET SERVICE: A "Magical Moment" for Integrity Saw & Tool

 

When addressing the attendees at their KOMET SERVICE® Grand Opening, Paul Reetz, Owner and President of Integrity Saw &Tool took a walk down memory lane, and described five magical moments that have taken the company to where it is today. The crowning achievement was Integrity’s joining of the KOMET SERVICE network.

 

Chicago, July 29, 2013 – In a sometimes touching, often funny, but always humble way, Reetz took the 125 attendees through the recent history of Integrity Saw & Tool. He described his experience from the time that he met Rick Mand, then owner and now semi-retired employee for a job interview in the fall of 2000; through the first discussions about Rick wanting to sell the company in 2007; through the experience of being turned down by 8 different banks while trying to get a loan to purchase the business; and the final deal which happened two years later with the help of the First National Bank-Fox Valley and the Fond du Lac Economic Development Corporation; to his first meeting with Thomas Whennen, Manager, KOMET SERVICE. He claimed that, within two hours, they had a mutual understanding that this opportunity was a great fit for both parties. “We are at the verge of history!” he concluded, thanking the Integrity team for their hard work and dedication over the years and asking them for their help in taking the company to the next level with this new partnership. 

 

Specializing in the re-grinding and manufacturing of solid carbide tools, Integrity Saw &Tool can indeed rely on a seasoned team of qualified technicians, many of them counting upwards of 25 years with the company. They couple that experience and know-how with the most advanced CNC equipment – they currently own 7 grinding centers and have just taken delivery of a new Genius computerized measuring equipment from Zoller – and a philosophy of conducting business ethically and fairly as their name implies. They also manufacture and sharpen saw blades, as well as large industrial knives. As a member of the KOMET SERVICE network, Integrity Saw &Tool will provide re-grinding and re-coating services on tools of the KOMET GROUP and all other brands, new custom-made solid carbide tools, and the complete range of standard drilling, milling, threading and reaming tools from the TOOLlife tool program.  

 

Reetz was not the only eloquent speaker at the ceremony, which was kicked-off by Allen J. Buechel, Fond du Lac County Executive. Buechel was one of the members of the Board of Directors of the Fond du Lac County Economic Development Corporation who approved a loan, making it possible for Paul to conclude the purchase of Integrity Saw & Tool.

 

Since then, IST has grown from 19 to 30 employees, thus creating 11 new jobs but also supporting the growth of other local businesses that require their services. Buechel concluded by thanking Paul for having such a positive impact on the Fond du Lac community.  

 

Integrity Saw &Tool stands ready to have the same positive impact on the North American network of KOMET SERVICE Partners, providing customers with superior quality re-sharpening, re-coating and manufacturing services.

 

More information on Integrity Saw & Tool can be found at www.integritysaw.com or www.kometservice.com/integrity.

 

About KOMET of America, Inc.

KOMET of America, located in Schaumburg, Illinois, is the largest subsidiary of  KOMET GROUP®,  the global technology leader for metal cutting tools, tool concepts and complete solutions for hole making. With its  KOMET® ,  DIHART®  and  JEL®  brands, KOMET GROUP  is a leading global manufacturer of precision tools for bore machining, reaming, and threading. The Group has been at the forefront of innovation in the sector for over 90 years - a tradition that began with the early indexable insert borers and continues today with their mechatronic tool systems. The company currently employs approximately 1,600 staff in its 20 subsidiaries and is represented in more than 50 countries.

 

About Integrity Saw & Tool, Inc.

Integrity Saw & Tool was formed two decades ago to provide the machine tool and woodworking industries in Wisconsin, northern Illinois and eastern Minnesota with quality CNC-manufactured precision cutting tools. Built on a foundation of conducting business ethically and fairly, the name Integrity embodies this philosophy and the company’s goal is to become a premier tool and cutter grind shop that is both reliable and responsive. This is achieved through the company’s team commitment to success and its investments in the latest technology in order to consistently produce the most accurately ground tools possible.

 

 

 
Paul Reetz, President of Integrity Saw & Tool and Tom Whennen, KOMET SERVICE Manager unveil their new sign.
Paul Reetz, President of Integrity Saw & Tool officially cuts the ribbon.
Thomas Whennen and Bob Karl of KOMET SERVICE with Integrity Saw & Tool's certified technicians.
 
 
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