“Cuda Tools has a strong presence as a mine supply distributor and roof bit manufacturer in the Midwest region,” said Tony Calandra, executive vice president, Jennmar. “This arrangement is an ideal opportunity for Jennmar SanShell to expand their reach in the underground bit business as well as grow the carbide business of their sister affiliate, Tungstemet. Cuda Tools gains access to Jennmar’s logistics infrastructure and significant brand awareness in the mining industry.”
Cuda Tools is a manufacturing and wholesale distribution company. The company was originally founded in 1969 by owner Steve Nance. The primary business at that time was the reclamation of scrap tungsten carbide.