Palbit has evolved from a mining-based operation into a globally recognized manufacturer of high-precision cutting tools, consistently investing in technology and engineering excellence.
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1916: Palbit was founded in Branca, Portugal, originally focused on exploiting lead sulfide mines and producing hard metal tools.
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1941: Acquired by the SAPEC Group, Palbit expanded into mining operations and began manufacturing rock drilling equipment and cutting tools.
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1952: Leveraging its metallurgical expertise, Palbit diversified into producing wear parts for industrial applications.
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2003: Palbit became a supplier to key sectors including automotive, mold & die, aerospace, and general metallurgy, emphasizing product excellence.
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2005: The company established a global distribution network supported by qualified technical teams and representation offices.
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2010: Significant investments were made in production technology to enhance precision and meet global manufacturing challenges.
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2016: Celebrated 100 years of innovation in hard metal tooling.
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2020: Continued expansion of production capacity and technological advancement, including the development of the Palbit Tech Center to support partners with tooling knowledge.
