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improvement. The improved production methods are expected to boost the frm's ability to compete. The project is funded through the Massa- chusetts Workforce Training Fund, Executive Ofce of Labor and Workforce Develop- ment. Sterling Machine received one of 72 grants to Massachusetts companies. "Our ongoing lean manufacturing pro- gram is focused on eliminating waste and maximizing our efciency, which will lead to lower costs and increased production without any loss of quality," says Scott Livingston, Sterling Machine president and CEO. :: Sterling Machine Company Inc. 860-289-8209 sterlingmachineco.com Uni-World Capital Acquires Drake Manufacturing Services Uni-World Capital L.P. has made a strategic growth capital investment in Drake Manu- facturing Services Co., a manufacturer of precision CNC machine tools. Uni-World Managing Partner Christo- pher P. Fuller, says, "Drake has been grow- ing at a rapid pace with expanding interna- tional reach since 2008. We are confdent that this trend will continue, and we see new markets both in the United States and overseas." In addition to providing capital, Uni-World and its advisory board will provide strategic and operational advice as the company executes its plan. Drake has 90 employees and will con- tinue to be based in Warren, Ohio. Under the terms of the agreement, Drake's senior management will be signifcant equity owners in the company and remain in their current positions. :: Drake Manufacturing Services Co., LLC 330-847-7291 drakemfg.com :: Komet Adds Grinding Technology as Service Partner Komet of America signed its seventh North American Komet Service Partner on Sept. 9 at IMTS in Chicago. Grinding Tech- nology LLC of Houston is the frst partner in the Gulf of Mexico region for Komet. Komet Service, which began in Europe in 2009, now has 28 partners globally, seven of which are in North America. :: KOMET of America Inc. 800-656-6381 komet.com CNC Software, Inc. | (800) 228-2877 | (860) 875-5006 THE WORLD'S MOST DYNAMIC CAD/CAM SOFTWARE. Information-packed sessions New feature demonstrations Coming soon to a city near you RESERVE YOUR SEATS NOW at www.mastercam.com/rollout NEWS 14 PRODUCTION MACHINING :: DECEMBER 2014