INDIANAPOLIS, IN -- Imperial, MO-based Drake Corp., a carbide and diamond cutting tool manufacturer, was acquired by NAP GLADU, one of North America's largest cutting tools manufacturers, expanding its capacity to reach customers in the center section of the U.S.

The acquisition includes Drake's main facility in Missouri as well as a manufacturing and service center located in Huntingburg, Indiana. 

“The addition of Drake Company to the NAP GLADU brand extends our coverage area and will enhance our customer’s service and support experiences,” sald Greg Webb, President and CEO of Techniks Industries, the parent company of NAP GLADU. “This partnership also offers significant synergistic opportunities to increase manufacturing and service capacities, improve efficiencies, and lower costs. We are excited to welcome Drake’s employees into the growing NAP GLADU family.”

NAP GLADU has 12 locations coast-to-coast, plus locations in Quebec and Toronto.