News

Ohio Tool Works is Honored as Vendor of the Year!

Ohio Tool Works was awarded Vendor of the Year at an April 12, 2007 ceremony in Houston, Texas.

Each year, Honing Incorporated, a division of Texas Iron Works, selects one customer and one vendor to win an annual award. Mr. Gary Jordan of Honing Incorporated presented the award to co-owners Randy Iselt and John Hovsepian of Ohio Tool Works. The company received two plaques and was recognized in front of Honing Incorporated’s top management for being one of their valued vendors.

Honing Incorporated receives a substantial portion of their honing requirements from Ohio Tool Works, including a new large capacity horizontal honing machine that was installed prior to the ceremony Houston, which greatly increased Honing Incorporated’s capacity to process long parts.
 

Iselt new co-owner at Ohio Tool Works Corp.

Ohio Tool Works Corporation recently announced the addition of Randy Iselt as co-owner/sales manager effective Jan. 1. 2007.  The company’s cofounder and co-owner is John Hovsepian of Ashland. Hovsepian announced at the company’s Christmas dinner in December that Iselt, of Houston, Tex., had secured 50 percent interest in the three-year old Ashland-based manufacturing company. “Randy has been associated with us first as a customer and later as a business partner for the past 20 years,” Hovsepian said. The company, which opened in January 2004, made a commitment to bring Iselt in as an owner within the first five years of operation. “The entire organization is excited and fortunate to have Randy as a co-owner of our company,” he said. Iselt has more than 30 years of experience in the honing industry and brings a wealth of knowledge from his work in the oil tool industry, Hovsepian said. Iselt will maintain sales and service offices for Ohio Tool Works in Houston and will coordinate worldwide sales, service and applications engineering efforts for the company.

Read the article as it appeared in the ASHLAND TIMES-GAZETTE