Northland Tool and Electronics Inc Announces the Acquisition of RMR Spindle Repair, Inc.

Troy Riccardi Sales/Marketing

WEARE. [26] December 2024 – Northland Tool and Electronics (NTE), one of the original premier
spindle repair facilities in the United States, is excited to announce the asset acquisition of RMR
Spindle Repair, Inc. (RMR), Belgium WI.

For over 45 years NTE has been offering expert spindle repair and rebuilding services in Weare
NH, along with precision grinding and plating services. RMR has operated out of WI for 20 years
specializing in all things spindle repair. The combined experience and diversity in markets
served will compound the resources available, benefiting existing and new customers in a great
way. We expect repair times to shorten significantly as capacity and control of the process
increases.

“With the new location and capacity that the RMR facility offers, NTE will continue to set new
standards for the spindle repair industry,” said Jesse Riccardi, General Manager at NTE. NTE’s
goal is to expand its repair services to the Midwest offering customers a trusted vendor that may
be far closer than NH along with continuing to support RMR’s customers with the expertise and
capabilities they are accustomed to.

Troy Riccardi Sales/Marketing