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They took off the new year with three new product lines.
Vargus manufacture high-end quality inserts – now they’re matching that with high-end quality gauges. With the…
Graeme Troughton, currently Managing Director of Vargus UK, will now add to his duties by taking on the additional position of Managing Director at Posithread. Both companies are part of the Neumo Ehrenberg Group, one of Europe’s largest privately owned manufacturers and distributors of stainless steel products and metal cutting tools.
Established in the North East of England in 1986, Posithread manufactures carbide threading tools using state-of-the-art 5-axis profile grinding machines. The company produces a wide range of products, including licensed premium threads for VAM, JFE, Hunting, Tenaris, and NS Connections. Posithread also offers an extensive selection of standard indexable thread turning and thread milling products, solid carbide thread milling tools, and custom tool solutions for the global market, with short lead times.
With the new position effective immediately, Graeme Troughton commented: “This exciting challenge enables me to continue growing the Vargus brand with my talented team in the UK whilst simultaneously evolving our Posithread brand both in the UK and worldwide. Being from the Nort East of England, it’s an exciting opportunity to expose the exceptional innovations of a local business to a global marketplace. There are very few businesses globally that have the capabilities of Posithread.”
“We aim to increase brand awareness and develop the business over the coming years, delivering positive changes across both businesses. Utilising our obvious synergies and skillsets, we will enhance our market positions and make Vargus and Posithread a great place for our staff to work.”
Vargus CEO Avi Cohen stated: “We are confident that Graeme’s extensive experience and leadership will contribute significantly to Posithread’s continued growth and success. His dual role will strengthen collaboration between Vargus UK and Posithread, further enhancing our market reach in the UK and global market.”
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