DMT Wins Global Trade Award


The Associated Industries of Massachusetts International Business Council (AIM-IBC) announced recipients of its 17th annual Global Trade Awards yesterday, and among the honorees is Diamond Machining Technology (DMT) of Marlborough, Massachusetts.

    The awards recognize Massachusetts firms, institutions and public agencies of all sizes that have demonstrated excellence in international trade. “In addition to making advancements overseas in each of their respective fields, our 2012 Global Trade Award winners are giving back to the Massachusetts economy through job growth, trade enhancement and global partnerships,” said Kristen Rupert, AIM-IBC executive director.

    DMT will be among those honored at AIM’s 97th Annual Meeting on Friday, May 11.

    Founded in 1976, DMT designs and manufactures all of its diamond-coated sharpening tools at its Marlborough facility. The company distributes its products through resellers in all 50 states and 30 countries. DMT’s business has multiple market segments including hardware, woodworking, gardening, culinary, outdoor sports (hunting, fishing and camping) and speedskating. The Dutch and Chinese Olympic speedskating teams use DMT sharpening stones on their skates to maintain a competitive “edge.” The company has built a strong international distribution network, and its U.S. and foreign patents have been critical in helping the company secure new market positions overseas. DMT’s export sales have increased 65 percent over the past two years, largely because of the introduction of new products and entry into new markets in Russia and Eastern Europe.

    DMT has earned seven Blade Magazine Knife Accessory of the Year® Awards, a HANDY Innovation Award, the National Home Gardening Club’s Seal of Approval, the Handyman Club of America’s Seal of Approval, and an international award for innovation at Germany’s International Hardware Fair.

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