Quintec, the tooling platform company owned by Tenex Capital Management, announced the completion of the acquisition of BC Saw Toronto, Canada by its NAP Gladu subsidiary.

Wood Industry tooling company Techniks has been acquired by Tenex Capital Management and merged into NAP GLADU under Quintec, a newly formed industrial tooling company.

Carbide cutting tool inventor Arthur R. Segal, age 101, passed away at 9:50 a.m. Saturday (January 12, 2013) in Memorial Hospital & Health Care Center in Jasper.