GWS Tool Group, a manufacturer of cutting tools, completed the acquisition of Indexable Cutting Tools of Canada, a manufacturer and distributor of ceramic. Financial terms were not disclosed. "I am very excited for Indexable Cutting Tools to be joining GWS Tool Group. Emphasis on quality and innovative manufacturing techniques is what sets us apart, and in this and so many other ways, we align completely with GWS's value proposition. I couldn't be happier about becoming part of it," John Precious, Indexable President.