On October 20, 2022, EQI Ltd. and Accucam announced their merger, establishing EQI as a leading metal products supplier to major OEMs worldwide. The transaction's terms were undisclosed. EQI’s CEO, Blake Phillips, will oversee the combined business, with Accucam operating as a division of EQI.

Founded in 2004, EQI is a global provider of supply chain management services, including sourcing, manufacturing, and logistics for OEMs procuring metal castings. The merger enhances EQI's capabilities, adding Accucam's world-class finish machining and small steel components to its services. EQI's locations in Michigan, Beijing, Coimbatore, and Hanoi will be complemented by Accucam’s facilities in Cambridge, Ontario, and Qingdao, China, expanding their global reach.

Accucam, which started as a machine shop in 1987, evolved into a full-service component part supplier. Its industry partnerships span agriculture, turf care, defense, and transportation, complementing EQI's markets in material handling, construction, oil and gas, forestry, and CNC machine tools.

Blake Phillips highlighted the merger's benefits, stating that integrating Accucam’s capabilities and customer service into EQI’s organization would simplify supply chains and expand services for current and future customers. Accucam’s President, Jay McNaughton, expressed excitement about joining EQI, completing Accucam's mission to be a leading strategic partner to OEMs.