Industrial Ventures Inc. of Wichita, KS, has acquired the assets of Peterson Machine Tool Inc. of Kansas City and Council Grove, KS. According to a joint company press release, the Peterson sales reps will concentrate on the Viking line of industrial washers and blasters. Both companies will utilize their current manufacturing and administrative functions. Industrial Ventures is the parent company of Viking Blast & Wash. All contact names and numbers will remain the same for both companies.