Morris Group Acquires Hegman Machine Tool

Morris Group, Inc. announced that it has purchased Hegman Machine Tool of Maple Grove, MN, an exclusive distributor of Okuma, Hardinge, Chiron, and Hydromat, and other manufacturing technology lines. The new entity has expanded the Morris Group’s U.S. sales and service areas to now include the states of Minnesota, North Dakota, South Dakota, and about one-third of Wisconsin.

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New Morris division expands the company’s sales and service organization into Minnesota, North Dakota, South Dakota, and part of Wisconsin

Windsor, CT – Morris Group, Inc. announced that it has purchased Hegman Machine Tool of Maple Grove, MN, an exclusive distributor of Okuma, Hardinge, Chiron, and Hydromat, and other manufacturing technology lines. The new entity, “Hegman Machinery, a Division of Morris Group, Inc.” has expanded the Morris Group’s U.S. sales and service areas to now include the states of Minnesota, North Dakota, South Dakota, and about one-third of Wisconsin.

“The fit is ideal for both companies and our customers,” said Brad Morris, president of Morris Group, Inc. “Ralph Hegman founded his company 31 years ago and has led it with many of the same guiding principles that we have in our 72 year history: honesty, integrity, and hard work.”   Mr. Morris also indicated that the transition will be relatively seamless for customers of Hegman Machine.  “They should expect the same high level of service,” he said.  “Our intention is that the employees currently servicing Hegman's customers will continue to do so under Morris ownership.”

To further ensure a seamless transition, Mr. Hegman will remain as a key advisor handling capital accounts.   Morris executive Jerry Rex will assume the role of Hegman Machinery's president effective January 1, 2013.  “Jerry brings extensive experience leading Morris distribution organizations and will provide customer-focused leadership to the Hegman team.”

About Morris Group, Inc.

Morris Group, Inc. is a privately held company that owns and operates fourteen divisions that supply high performance machine tools and related technology to help manufacturers achieve a greater return from their manufacturing operations. The firm is located in Windsor, Connecticut and employs more than 400.

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