Tooling Tech Group has purchased Die Cad Group Inc., an Ann Arbor, Mich.-based provider of product and process simulation, tool and die design, injection mold design and the design and simulation of transfer presses and special-purpose machines.
Die Cad Group also has offices in Byron Center and Greenville, Mich. The firm has an established customer base among original equipment manufacturers and suppliers to the automotive, off-highway vehicle, furniture and appliance industries.
Terms were not disclosed. Much of Die Cad's business comes from metal-forming dies. No information was immediately available on how much of its sales come from plastics-related mold making and design.
"Die Cad's engineering service offerings and their experienced staff are a perfect addition to Tooling Tech Group's existing proficiencies," said Tony Seger, CEO of Macomb, Mich.-based Tooling Tech. "With this acquisition, our ability to provide a continuum of services from tooling design, manufacturing, production and even secondary automation is unmatched in the industry."
Bobbie Blanton is president of Die Cad. She said the acquisition will provide long-term stability and growth opportunities for her company, and help is expand its offerings.
"Our management team is excited and remains focused on supporting our customers with great service, which is still our top priority," she said. Blanton added that there was no virtually overlap between the customer bases of Die Cad and Tooling Tech.
Die Cad Group was founded in 1995. The company specializes in line dies, transfer dies, progressive dies, blank dies, hot stamping dies and injection molds.
MetalForming magazine in 2016 recognized Blanton as a Woman of Excellence in Metalforming and Fabricating.
In April, Tooling Tech purchased Century Tool Group, a maker of compression molds, automation equipment and fixtures to North American automotive, heavy truck and other markets.
Seger founded Tooling Tech in 1982. It is one of the largest tooling companies in North America, manufacturing both plastic and metal components. Tooling Tech officials say the company's tooling supports more than 90 percent of manufactured automotive platforms, helping produce a wide range of components such as soft trim, powertrain components, structural stampings, valve bodies, dashboard and under-the-hood components, liquid reservoirs, trunk components and wheel liners.