Waterjet Holdings renamed Shape Technologies Group

Shape Technologies includes KMT Waterjet, Dynamic Robotic Solutions, H2O Jet, Flow International Corp, AquaFlow, Tech-Con Automation and Advanced Pressure Systems.

“This change reflects our current and future growth beyond being the world leader in waterjet technology,” said David Savage, CEO of Shape Technologies. “Our growing family of companies deliver advanced manufacturing process solutions built off our core technology platforms in ultrahigh-pressure pump and process control to address markets including waterjet cutting, industrial cleaning, surface preparation, and food processing – all residing under the Shape organisation. Our new name not only reflects our path toward expanding our capabilities, but also the synergistic relationship of our companies.”

In 2013, private equity firm American Industrial Partners (AIP) purchased KMT Waterjet, forming Waterjet Holdings Inc. AIP added abrasive waterjet company Flow International Corp in January 2014.