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Consolidated Machine & Tool Holdings, LLC acquires RLS Machining, Inc., Mill Creek Machining, Inc., and Murphy Machine Products, Inc.

MIAMI (PRWEB) January 20, 2020
Consolidated Machine & Tool Holdings, LLC (“CMTH”), a portfolio company of White Wolf Capital, LLC (“White Wolf”), is pleased to announce the acquisitions of RLS Machining, Inc. (“RLS”), Mill Creek Machining, Inc. (“MCM”), and Murphy Machine Products, Inc. (“MMP”). In conjunction with these acquisitions, CMTH was recapitalized to better position it for additional acquisitions and continued growth. All three transactions closed simultaneously on January 15, 2020. Details of the transactions were not disclosed.
Elie Azar, Managing Director of White Wolf, noted, “We are excited to partner with the management teams of RLS, MCM and MMP. This transaction will provide all CMTH companies with access to additional capital and resources to support further growth and better serve our valued customers.”
About CMTHCMTH is a platform holding company formed in 2017 by White Wolf Capital, LLC to acquire industry leading manufacturers specializing in precision machining, fabrication, assembly, and design of highly engineered components.
In June 2017, CMTH acquired Anaheim-based Astro-Tek Industries, Inc. a precision machining company focused on the aerospace, defense, space/satellite and industrial sectors.
In February 2018, CMTH acquired LCP Machine, Inc. located in Bunnell, Florida. LCP is focused on a number of industries including aerospace, defense and industrial sectors.
CMTH companies are AS9100, ISO 9001 and ITAR certified/registered.
CMTH has seasoned management teams across all locations with significant experience serving various blue chip customers across multiple industries. For further information, please visit: http://www.cmth.com.
About RLSRLS, founded by Mike Rollmann and Hal Schulz in 2010, provides full service precision machining and prototyping work. Their experienced machinists can produce difficult prototype parts to exact specifications and perform single-piece work, repair work as well as production runs. RLS is experienced with working in a variety of materials and can do both milling and turning type machining. RLS is located in Omro, WI.
About MCMMCM, founded by Justin Stamer in 2001, provides contract machining and assembly services for industrial manufacturing customers nationally. MCM is ISO 9001 certified and specializes in large lathe work and maintaining on high-quality standards for its customers. Employees are all highly skilled and capable of working with a variety of materials. MCM has two facilities in Iowa which are located in Paullina and Spencer.
About MMPMMP, established in 1965, provides high-quality and cost-effective turning, milling, boring, Swiss machining, and light assembly services to a wide range of industries. MMP specializes in long-term, high run parts, with a particular expertise in Swiss turning. MMP is ISO 9001, AS9100C and ITAR certified. MMP is located in Wood Dale, IL.
About White WolfWhite Wolf is a private investment firm that began operations in late 2011 and is focused on management buyouts, recapitalizations and investments in leading middle market companies. In general, White Wolf seeks both mezzanine and private equity investment opportunities in companies that are headquartered in North America with $10 million to $100 million in revenues and up to $10 million in EBITDA. Preferred industries include: manufacturing, business services, information technology, security, aerospace and defense. For further information, please visit: http://www.whitewolfcapital.com.
CMTH Acquisition CriteriaCMTH is actively seeking add-on acquisition opportunities that meet the following criteria:
Revenue of $5 million to $50 million.
Specializing in contract precision machining, fabrication, assembly, and design of highly engineered components.
Serving the aerospace, defense, medical, heavy industrial, power, agricultural as well as other end markets.
Please contact info@whitewolfcapital.com to discuss potential acquisition candidates.

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Pleora Reduces Complexity of Deploying Machine Learning Artificial Intelligence for Quality Inspection

Pleora’s AI Gateway improves the reliability and lower the cost of visual quality inspection

Pleora’s AI inspection platform is an evolutionary approach to AI, with plug-in machine learning skills for classification, sorting, and defect detection, combined with the flexibility to train and deploy open source or custom algorithms.

OTTAWA, Ontario (PRWEB) January 15, 2020
Pleora Technologies today introduced the vision industry’s first artificial intelligence (AI) platform that simplifies the deployment of advanced machine learning capabilities to improve the reliability and lower the cost of visual quality inspection. The company will be demonstrating its new embedded AI Gateway at SPIE Photonics West 2020 (Booth #4263, Moscone Center, San Francisco, Feb. 4-6) and ATX West Conference 2020 (Booth # 4255, Anaheim Convention Center, Anaheim, Feb. 11-13).
“While AI promises to revolutionize quality inspection, integrators and designers struggle with how to cost-effectively integrate advanced capabilities into existing and new applications,” said Harry Page, President, Pleora Technologies. “Pleora’s AI Gateway is an evolutionary approach to AI, with plug-in machine learning skills for classification, sorting, and defect detection, combined with the flexibility to train and deploy open source or custom algorithms. Users can immediately employ AI to reduce costly inspection errors, false-positives, and secondary screenings while preparing for more advanced Internet of Things (IoT) and Industry 4.0 applications.”
With Pleora’s new gateway end-users and integrators can easily deploy AI skills without any additional programming knowledge. Through a simple web-based interface, images and data are uploaded to “no code” training software on a host PC, which generates a neural network that is deployed onto the Pleora AI Gateway.
For applications requiring unique AI capabilities, an operating system – built on Pleora’s widely deployed eBUS SDK – provides a user-friendly framework to upload custom skills developed in Python to the gateway. Pleora’s AI Gateway then automatically handles image acquisition from the camera source and sending out the processed data over GigE Vision. The gateway operating system supports development around popular open source frameworks like TensorFlow and OpenCV and leverages the built-in NVIDIA GPU for hardware acceleration.
The Pleora AI Gateway is designed to work with existing inspection hardware and software. The gateway interfaces with GigE Vision, USB3 Vision, Camera Link, and MIPI cameras from any vendor, allowing designers to retain existing infrastructure while adding AI skills to their process. The Pleora gateway receives the camera feed, automatically performs the deployed plug-in or custom AI skill, and transmits the pre-processed data over a real-time GigE Vision connection to the existing inspection application.
The highly configurable platform is built on an NVIDIA GPU that is easily upgraded for applications requiring more powerful AI image processing, and multiple gateways can be networked to enable distributed image processing to leverage the multicast capabilities of GigE Vision.
Lead customers are now evaluating the Pleora AI Gateway for use in quality inspection applications. To learn more about the Pleora AI Gateway, and to book a demo, visit https://www.pleora.com/products/artificial-intelligence/ai-gateway/.

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Fitness Machine Technicians Opens in Jacksonville and Northeast Florida

St. John’s county resident and entrepreneur Chuck Hood and family open local office of national fitness equipment repair company serving Jacksonville and the surrounding Northeast Florida areas.(PRWeb January 14, 2020)Read the full story at https://www.prweb.com/releases/fitness_machine_technicians_opens_in_jacksonville_and_northeast_florida/prweb16830782.htm

Fitness Machine Technicians Opens in Jacksonville and Northeast Florida

St. John’s county resident and entrepreneur Chuck Hood and family open local office of national fitness equipment repair company serving Jacksonville and the surrounding Northeast Florida areas.(PRWeb January 14, 2020)Read the full story at https://www.prweb.com/releases/fitness_machine_technicians_opens_in_jacksonville_and_northeast_florida/prweb16830782.htm

Fitness Machine Technicians Opens in Jacksonville and Northeast Florida

St. John’s county resident and entrepreneur Chuck Hood and family open local office of national fitness equipment repair company serving Jacksonville and the surrounding Northeast Florida areas.(PRWeb January 14, 2020)Read the full story at https://www.prweb.com/releases/fitness_machine_technicians_opens_in_jacksonville_and_northeast_florida/prweb16830782.htm

Fitness Machine Technicians Opens in Jacksonville and Northeast Florida

St. John’s county resident and entrepreneur Chuck Hood and family open local office of national fitness equipment repair company serving Jacksonville and the surrounding Northeast Florida areas.(PRWeb January 14, 2020)Read the full story at https://www.prweb.com/releases/fitness_machine_technicians_opens_in_jacksonville_and_northeast_florida/prweb16830782.htm