API Acquires Exact Laser Measurements
This deal further extends their reach into the automotive sector.
Posted: July 23, 2019
Automated Precision, Inc. (API; Rockville, MD) acquired Exact Laser Measurements Inc. (Windsor, ON), founded in 2003 and having subsidiary operations in Detroit, MI, that provide laser tracker, portable arm and point cloud generation metrology services. They are highly respected within the automotive automation supply base for rapid deployment and knowledge base supporting ‘fast-track’ plant retooling projects.
“They are a perfect fit for us as we continue to expand our process control metrology automation products into the automotive sector,” stated Joe Bioty, the president of API. “We are already unique as a metrology hardware manufacturer in offering contract measuring services through our Services Group located in Newport News, VA, with regional offices in Dallas and Los Angeles. This acquisition perfectly complements our existing metrology services network and strengthens our presence in the automotive sector and Michigan markets, while providing enhanced experience as we roll out our services portfolio into international markets.”
Tim Pare, the chief executive officer for Exact Laser Measurements, commented, “We have the greatest of respect for their product portfolio. Our customers focus on improving their process control through metrology feedback. The increasing need to calibrate industrial robots in the plants, along with 5-axis machine tool calibration within automotive tooling shops and the synergy between their products and our metrology services execution create a compelling solution to the automotive sector.”
Exact Laser Measurements will relocate immediately to the existing API facility in Plymouth, MI, and begin offering ISO 17025 laser tracker accuracy certification to OEM specifications, along with industrial robot accuracy certification and calibrations using API 6DoF technology.
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