Located on Eames Street, United Tool and Machine is a contract manufacturer and job shop that provides metal stamping, CNC machining, manual machining and wire and small hole EDM.
This is not the first acquisition for United Tool; in fact Fallavollita is a seasoned veteran when it comes to acquiring businesses.
In 2005 Fallavollita purchased his first company, Gaynor Industry, which he moved from Lynn to Newburyport. Then in 2007 he purchased United Tool and Machine and combined the two companies. Together, they were able to serve customers in New England, nationally and internationally.
The acquisitions continued in 2014 and 2016 when Fallavollita acquired Smith Brothers Machine in Rockport and HRI Precision Tool Company in Haverhill respectively.
Both companies change during the process he said, and successful acquisitions require having a good team of people working together.
When assessing how the change is going, Fallavollita said "one of the immediate feedback loops you have is how many people walk out the door."
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Fallavollita plans to keep the Lawrence location and move some of the bigger equipment to Lawrence. The rest of the company will remain in Wilmington.
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