In 1958, John Peterson revolutionized the cutting tool industry with a unique system of replaceable precision inserts and anvils that hold them perfectly in place. A system that speeds production time, minimizing downtime and material waste. A system that dramatically boosts efficiency and repeatability without requiring you to invest in new machines. And ever since then, Peterson Tool Company has been a trusted leader in custom tool innovation worldwide.
You won’t find higher quality products or a more attentive service team anywhere. If you’re looking for cutting tool solutions that maintain tight tolerances while reducing downtime and maintenance, you’ve come to the right place. Partner with us on your next project, and see why our approach creates customers in every industry and for every application for life.
From iPhone components to ear-tags for cattle, Peterson Tool Company has created custom tools for a variety of industries, including:
Oil & Gas Exploration
For more information, or to see product examples, talk to a Peterson representative… CLICK HERE.
“The quick change system has reduced tool changes from 20 minutes to 5 minutes. So with an improvement in part finish, tolerance, tool life and machine efficiencies, this has been a great investment for us.”Industry - Automotive Machine - Single Spindle
“Changing to Peterson inserts and the ThriftForm attachments has dramatically improved our part finish and tolerance.”Industry - Automotive Machine - Single Spindle
“The ThriftShave holds an incredible .0003” tolerance on my part diameters. That’s right… .0003” on a Davenport. This thing is awesome!”Industry - Industrial Machine - Davenport
“Switching to the Peterson ThriftChange® Tooling Package reduced our change-over time from 8 hours to 2 hours .”Industry - Manufacturing Machine - Acme
“Peterson Tool created a custom tool that allowed us to produce twice the amount of products using our existing equipment. This kept us from spending over $200,000 on new equipment.”Industry - Aerospace
“The best way to gain machine capacity is by reducing your set up times. The Peterson Thirftform package has allowed us to gain over 100 hours of valuable machine capacity on one of our screw machines…”Industry - Fittings Machine - #51 New Britain
“For tool design and technical support I recommend Peterson for the most complex/precision of operations.”Industry - Manufacturing Machine - Wickman Screw Machine
“The Peterson ThriftShave® resulted in a 95% reduction in scrap due to diameter and taper variation and an annualized cost reduction of 23% on the thread tooling. “Industry - Manufacturing Machine - Acme
“…Peterson helped us reduce a 6.5 hour set up down to 45 minutes and reduce a 2.5 hour set up to 15 minutes. This Stuff Works!!!”Industry - Fittings Machine - #51 New Britain
“We are very happy with Peterson Tool’s ThriftShave attachment and tooling. The shave has allowed us to run 3 consecutive 8 hour shifts with no adjustments.”Industry - Industrial Machine - Davenport