Recent News
Alleghany Capital Corporation Announces ACQUISITION of Supermill BY Precision Cutting Technologies
NEW YORK, NY, March 2, 2020 – Alleghany Capital Corporation (“Alleghany Capital”), a wholly-owned subsidiary of Alleghany Corporation, today announced that its subsidiary, Precision Cutting Technologies, Inc. (“Precision Cutting Technologies”) has acquired Supermill LLC (“Supermill”). Precision Cutting Technologies holds Alleghany Capital’s investments in the machine tool and consumable cutting tool sectors. Headquartered in Berlin, CT, Supermill is a leading manufacturer of high-performance carbide end mills….
ALLEGHANY CAPITAL CORPORATION ANNOUNCES FORMATION OF PRECISION CUTTING TECHNOLOGIES AND ACQUISITION OF CID PERFORMANCE TOOLING
NEW YORK, June 24, 2019 /PRNewswire/ — Alleghany Capital Corporation (“Alleghany Capital”), a wholly-owned subsidiary of Alleghany Corporation, today announced the formation of Precision Cutting Technologies, Inc. (“Precision Cutting Technologies”) and the acquisition by Precision Cutting Technologies of a majority interest in Coastal Industrial Distributors, LLC, dba CID Performance Tooling (“CID”). Headquartered in Saco, Maine, CID is a leading manufacturer of high-performance solid carbide…