WTO, a medium size and family owned enterprise specializing in the design and manufacturing of high precision static and driven toolholders, is pleased to announce that they had a successful year in 2014.

The German-based company has an “18 percent turnover increase in comparison to the previous year despite of an unstable worldwide to invest climate,” reports CEO Sascha Tschiggfrei. Last year WTO invested approx. 3 Million Euros in new machines and automation to achieve this growth.

The high performance of its products and numerous product innovations were responsible for the enormous success of WTO.

The company has big plans for 2015. This year, WTO will invest another 4 Million Euros to enlarge the factory area for assembling and repair service by 2.5 times. This enables additional 50 jobs in a top-modern working environment and additional capacity for future growth.

Mittmann Inc. is the exclusive Canadian importer of WTO GmbH Germany products. They feature an extensive range of WTO tooling.

“We focus on products developed and manufactured exclusively in Germany” says Thomas Mittmann, adding, “The product quality is excellent and our partners are very reliable.” Mittmann, a Quebec-based company, provides its Canadian customers with quality tool holders from world class manufacturers.

For more information, visit www.mittmann.com.