Supply chain solution for buyers, sellers of raw material

The impact of the coronavirus pandemic has left some small and large manufacturers facing surplus inventories while others are experiencing supply chain challenges and material shortages. Addressing both challenges is MoovinV – matching buyers to sellers of surplus inventory.

Through an online platform, organizations list their surplus inventories for international exposure, free of charge. The web portal also addresses cost and availability challenges, so buyers can quickly find surplus material from across the globe, using an advanced website search engine. Buyers can request quotes simultaneously and purchase listed raw materials at less than market cost.

MoovinV also offers support sourcing raw materials not listed on the site.

Remaining shares of former Best Carbide acquired by Ceratizit

Ceratizit S.A. has acquired the remaining shares in Ceratizit Los Angeles, the former Best Carbide. The company, which is part of the Austrian Plansee Group, now holds 100% of the Rancho Domingo, California-based subsidiary.

The Ceratizit Group had acquired the majority of the shares in the company in early 2017. Today, Ceratizit Los Angeles, together with company sites in Warren, Michigan; Schaumburg, Illinois; and Rancho Cordova, California, forms the Group’s North American production network.

Mirko Merlo, president, Ceratizit Group Americas, says, “The Ceratizit Group acquisition of the remaining shares allows us to further expand our footprint and accelerate our growth strategy in the cutting tools market, specifically in high-end micro tools. As a reliable partner and industry leader, we will continue to deliver engineering knowledge and technical proficiency to assist our customers in driving productivity.”