For Immediate Release: September 20, 2011
Director - Communications
Peter R. Eelman
Vice President – Exhibitions and Communications
AMT Announces Acquisition of Time Compression and Process Cleaning Media Properties
McLean, VA . . . AMT-The Association For Manufacturing Technology today announced their intention to acquire all assets of the media properties Time Compression and Process Cleaning from Gardner Publications. These acquisitions support AMT’s strategic mission to grow its membership to include manufacturers of new and developing technologies such as additive manufacturing. AMT is developing a complete suite of services for this community, which will include existing products such as the IMTS show, business intelligence tools, technical meetings, and conferences and activity in overseas markets.
Assets to be purchased from Gardner Publications include the lists, websites and e-mail newsletters of Time Compression and Process Cleaning magazines.
"Additive manufacturing is one of the most exciting technologies being developed today and process cleaning is a complementary technology that fits well with our current membership. These acquisitions will help AMT bring these manufacturers into our association, which will provide them with many benefits and give access to these technologies for our current members," says AMT President Douglas Woods.
According to Gardner President Richard Kline, “We are pleased that the work we have done to develop the reach of these properties will provide continuing value to AMT.”
Details of the agreement were not disclosed. The sale is expected to be finalized by the end of October.
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AMT - The Association For Manufacturing Technology
Founded in 1902 as the National Machine Tool Builders' Association, AMT supports and promotes the U.S. manufacturing technology industry. The association provides U.S. builders of manufacturing systems with the latest information on technical developments, trade and marketing opportunities, and economic issues. It also gathers and disseminates information about world markets, promotes its members' products in those markets, and acts as a representative on manufacturing technology matters to governments and trade organizations throughout the world. AMT organizes and sponsors IMTS - The International Manufacturing Technology Show. This exhibition, held every even numbered year in Chicago, is the largest industrial show in the Americas.
Gardner Publications, Inc.
Founded in 1928 with Modern Machine Shop Magazine, Gardner Publications (www.gardnerweb.com
) is North America’s leading publisher of integrated media for durable goods manufacturing, with titles serving metalworking, plastics processing, mold making, finishing and automotive product development and manufacturing.
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