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Cutting & Wear logo — Hardfacing Specialist providing complete downhole tool manuf...

Cutting & Wear

Hardfacing Specialist providing complete downhole tool manufacture and hardfacing services and consumables since 1968.

Founded 1968 United Kingdom United Kingdom 37 employees Grant Total: $1.88M Energy, IT +2

General Information

Company Name Cutting & Wear
Founded Year 1968
Location United Kingdom United Kingdom
Employees 37
Industries Energy, IT, Industrial +1
Funding Stage Grant
Business Model B2B, D2C
Revenue Model Product Sales, Service Fee, Licensing
Social

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About Cutting & Wear

Cutting & Wear, a United Kingdom-based company, has been a pioneer in the Energy, IT, Industrial, and Manufacturing sectors since its establishment in 1968. Renowned as a Hardfacing Specialist, it provides comprehensive downhole tool manufacturing and hardfacing services globally. The firm has carved a niche as the industry's top choice for hardfacing materials and downhole tool solutions, thanks to its superior product quality and performance.

Across the decades, Cutting & Wear has built a reputation for innovation, having developed and patented numerous industry-leading products. The company's commitment to maintaining a market-leading position is supported by continuous investments in research and development.

Notably, the firm received a €1.88M grant investment from EASME - EU Executive Agency for SMEs on 04 January 2015, marking a significant financial endorsement from a strategic partner. For investors, Cutting & Wear presents a legacy of excellence underpinned by ongoing technological advancement, ensuring its products and services remain at the cutting edge of industry standards.

Business keywords: Hardfacing, Downhole Tools, Drilling Equipment Manufacturing, Drilling Technology, Hardfacing Materials, Tungsten Carbide, Diamond Hardfacing, Hardfacing Consumables, Tool Manufacture, R&D in Drilling Technology, Patented Products, High-Performance Drilling Tools, Industry Standards, Cutting & Wear Technology, International Supply Chain

Services & Products

Complete Manufacturing Services
Hardfacing Product Solutions
Innovative Tool Design
Downhole Tool Solutions
Equipment and Consumables Supply
Research, Design & Development

Target Customers

Drilling Equipment Manufacturers Oil and Gas Service Companies Tool Design and Manufacturing Companies

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Grant €1.88M 1
EASME - EU Executive Agency for SMEs
04 Jan 2015

Cutting & Wear Alternatives & Competitors

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Cutting & Wear vs
Greenleaf Corporation
Greenleaf Corporation United States

Greenleaf Corporation is a leading developer of cutting-tool technology, supplying customers with pr...

136 employees
Industrial, Manufacturing
Cutting & Wear vs
ProOne Extreme Lubricants
ProOne Extreme Lubricants United States

ProOne has developed the most advanced lubrication technology which dramatically reduces heat and f...

26 employees
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Cutting & Wear vs
DELMECO
DELMECO Switzerland

SPECIALISTS FOR CUSTOMISED TUNGSTEN CARBIDE CUTTING TOOLS

5 employees
Industrial, Manufacturing
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FAQ About Cutting & Wear

Hardfacing Specialist providing complete downhole tool manufacture and hardfacing services and consumables since 1968.
Cutting & Wear was founded in 1968.
Cutting & Wear is headquartered in United Kingdom.
Cutting & Wear operates in Energy, IT, Industrial and Manufacturing. Its work centres on Hardfacing, Downhole Tools, Drilling Equipment Manufacturing and Drilling Technology. Its customers include Drilling Equipment Manufacturers, Oil and Gas Service Companies and Tool Design and Manufacturing Companies.
Cutting & Wear has a B2B and D2C business model. Its revenue comes from Product Sales, Service Fee and Licensing.
Cutting & Wear has approximately 37 employees.
Cutting & Wear has completed 1 funding round, raising a total of $1.88M. The latest funding stage is Grant.
Cutting & Wear offers: Complete Manufacturing Services, Hardfacing Product Solutions, Innovative Tool Design, Downhole Tool Solutions, Equipment and Consumables Supply, Research, Design & Development.
Top alternatives and competitors to Cutting & Wear include Greenleaf Corporation, ProOne Extreme Lubricants, DELMECO, KYOCERA Hardcoating Technologies, Pioneer Engineering International Ltd. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Cutting & Wear and Greenleaf Corporation are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Cutting & Wear, https://bouncewatch.com/company/cutting-wear, updated 25 March 2026. When citing, please name BounceWatch and link this page.

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