Our new mold makers ranking is out this week with 146 firms representing $3 billion in sales.
Two firms from last year's top 10 are out of the mold business. This makes comparing year-over-year results a little tricky.
H.S. Die & Engineering Inc. of Grand Rapids, Mich., has shifted its focus from tool and die operations to solely automation solutions, and Proper Group International LLC was forced into receivership and sold off most of its operations.
Because we're no longer counting those large firms at the top of our list, the revised totals and averages represent no notable change over the previous year — math is funny that way.
But I wanted a meaningful result on this year's totals. So, I ran a quick data pull of firms appearing in both last year's ranking and this year's. The average sales per company went up 3 percent in 2022 vs. 2021. This continues a trend we started tracking back in 2001.
In addition, the ranking chart footnotes a few consolidations and new additions. So, what's a data girl to do but find pigeonholes to report on? For the 38 firms reporting gains, the average growth was 13 percent; 96 reported no change and 11 reported declines. The only real trend was an uptick in making injection molds.