Transactions

the stock of Empire Tool Company have been acquired by Whiteman Acquisition Corporation MERTZ ASSOCIATES acted as advisor to Empire Tool Company in designing a selling program, preparing offering materials, contacting potential purchasers, evaluating proposals and participating in negotiations.

• EMPIRE TOOL COMPANY, Memphis, Michigan, is a $7.5 million manufacturer of cutting tools used on screw machines and CNC turning equipment. Founded in 1939, Empire Tool currently produces cut-off blades, boring bars, inserts, cut-off tool holders, shave tool holders, recess drilling attachments, Twin Tip cut-off tools and holders, and GOR-M-DEX cutting tool product lines.
   
• WHITEMAN ACQUISITION CORPORATION, Bloomfield Hills, Michigan, is owned by private investors.