Spanish machine tool producers to merge

Two Spanish machine tool manufacturers are merging — Nicolas Correa, S.A., Burgos, and Industrias Anayak S.A. of Deba — both of which make milling machines. Industrias Anayak also produces vertical and horizontal machining centers. The companies have sales offices in the United States — Correa's is in Deer Park, N.Y., while Anayak's is located in Calabasas, Calif. Both Correa and Anayak brands and their distribution networks will be maintained to increase market share