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TECHNI Waterjet's equity partner increases stake in company

TECHNI Waterjet™'s equity partner, the Anca Group, has elected to take up an option to increase its stake in TECHNI to 40 percent over the next two years.

Anca is a developer of CNC technology and manufacturer of CNC grinding machines. The growing partnership enables TECHNI, Lenexa, Kan., to continue increasing its presence and support services in key U.S. and European markets while providing capacity to grow in emerging markets in the Americas and Asia.