Heule Tool Line Selected for Award

Heule Precision Tool’s BSF tooling has been selected as a finalist for the Swiss-American Business Council (SABC) Innovation Award for 2018. The automated Back Spot Facing tool was chosen for its ability to reduce production costs while improving product quality in high production manufacturing environments. The tool is manufactured at the Heule factory in Switzerland and distributed to North American customers through Heule Tool Corp., its U.S. subsidiary. LNS and its e-connect Ethernet system, which allows communication between CNC machines and bar loaders, was also chosen as a finalist in the competition that was won by Big Kaiser for the company’s EWE Fine Boring Heads. 

Members of the SABC were invited to submit an entry for this award of any innovative product or service that has been launched within the last three years and has strengthened the U.S.-Swiss business relationship. The SABC Innovates Initiative Committee reviewed and nominated entrants for receipt of the award, and it was announced at the SABC Christmas Dinner on Dec. 6, 2018.

The innovation must have been launched by an organization based out of the Midwest, that is Swiss or U.S. in close collaboration with a Swiss organization; the product must solve an unmet need; the product is unique; a new value has been created for the end user; there is financial evidence or market acceptance information.