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October 18, 2021 09:17 AM

Mold makers steer toward steady growth

Hollee Keller
Editorial Research Coordinator
Plastics News Staff
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    This week we publish our ranking of North American mold makers. The top 100 are in print, but a total of 144 firms are online. The total related sales for fiscal 2020 is $3 billion, just up from $2.9 billion reported last year. The average sales per company is $20.8 million.

    Concours Technologies Inc. has the biggest dollar gain at $54 million, with the recent acquisition of Active Industrial Solutions of Windsor, Ontario. AIS ranked at No. 8 in 2020. Coming in at No. 3, Concours has consistently ranked among our top 5 since 2010.

    Medbio LLC of Grand Rapids, Mich., holds 3 places in our ranking resulting from acquisitions. Medbio Clinton Township was previously listed as Aim Plastics Inc., Medbio Orchard Park was previously listed as Polymer Conversions Inc. and they also own Concept Molds Inc. of Schoolcraft, Mich. Estimated North American mold sales would be $11.8 million, all together.

    Looking closer at the average sales per company for our top 100 firms is interesting when compared to our top 100 in each processor ranking. Pipe, profile and tubing extruders along with rotational molders had the biggest gains per company with an average of 5.3 percent. Mold makers fell right in the middle with 1.5 percent growth.

    This chart plots the average sales per company growth, omitting blow molders, which won't publish until next month.

    Also of note, the American Mold Builders Association released its 2021 Shop Rate Report — a first-time deep dive into the charges for engineering, mold making and specialty services, AMBA plans to conduct the survey every two years.

    Welcome to the ranking:

    • Berry Global Inc. of Evansville, Ind.

    • Injection mold tooling maker, Prodigy Mold & Tool Inc. of Haubstadt, Ind.

    • Medical tooling and mold manufacturer, Solution Tools Mold & Die Inc. of El Paso, Texas

    • Tooling and injection molding firm, VEM Tooling Ltd. Of Clovis, Calif.

    • Viking Plastics of Corry, Pa.

    • Wachusett Precision Tool Inc., a full-service provider to contract manufacturers in Fitchburg, Mass.

    • WestFall Technik Inc. of Las Vegas.

    Top movers:

    • MMI Engineered Solutions Inc. of Saline, Mich., moves up 20 spaces to rank at No. 50.

    • Apollo Tool Inc. of Westfield, Wis., moves up 18 spaces to 60.

    • Reed City Group LLC of Reed City, Mich., moves up 17 spaces to rank at No. 42.

    • Roembke Manufacturing & Design Inc. of Ossian, Ind., moves up 13 spaces to rank at No. 42.

    • Dynamic Tool Corp. of Menomonee Falls, Wis., moves up nine spaces to No. 34.

    • Illinois Proturn Inc. of Cary, Ill., moves up nine spaces to rank at No. 106.

    Stellar Mold and Tool of Galesville, Wis., moves up nine to No. 117.

    • Crescent Industries Inc. of New Freedom, Pa., moves up six spaces to No. 103.

    • CS Tool Engineering Inc. of Cedar Springs, Mich., moves up six spaces to rank at No. 62.

    The full listing is online at www.plasticsnews.com/rankings/mold-tool-makers, the data itself can be purchased from our data store at www.plasticsnews.com/data.

    If you work for a company that is missing from the ranking, we would like to include you next time. Please contact Hollee Keller at [email protected] or mail your information to Plastics News, P.O. Box 790, Tallmadge, Ohio 44278.

    You can also fill out our universal survey online at www.plasticsnews.com/SubmitRankingData.

    Keller is Plastics News' editorial research coordinator and author of the All Things Data blog on PlasticsNews.com. Follow her on Twitter @holleekeller.

     

     

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