MoldMaking Technology
Published

MTD Micro Molding Celebrates 50 Years of Business

MTD Micro Molding offers both micro tooling and micro molding in-house, which enables customers to get micro components to market faster.

Share

Micro components on a dime for scale.
Photo Credit: MTD Micro Molding

MTD Micro Molding, a company that focuses on medical micro molding, has been in business for 50 years. MTD helps medical OEMs produce small, highly complex medical device breakthroughs.

The company offers both micro tooling and micro molding in-house, which enables customers to get micro components to market faster.

According to MTD, it was the first in North America to purchase and customize equipment like the Sarix EDM milling machine and Mitsubishi MX600 oil wire EDM machine, enabling the efficient production of micro medical designs that were thought impossible to manufacture. Additionally, it was the first in its industry to hire a full-time R&D engineer devoted to exploring the capabilities of micro molding materials. Additionally, 10% of MTD’s annual revenue is invested in these internal R&D projects.

Under Dennis Tully, who took over the company when his father retired in 2008, MTD has more than doubled its workforce and achieved significant growth, twice placing MTD on the Inc. 5000 Fastest Growing Companies list. In 2018, MTD was named the Plastics News “Processor of the Year,” becoming the smallest company to win the title in its 22 years. MTD was also recognized as Plastics News’ “Best Places to Work in Plastics” for four consecutive years. Dennis Tully, who unexpectedly passed away in 2019, was posthumously inducted into the Plastics Hall of Fame, a distinctive honor bestowed on individuals from around the world who shaped the direction and future of the plastics industry.

This growth spurred a building expansion in 2021, which enabled MTD to further increase medical manufacturing capacity and add new services, including custom assembly and packaging solutions. MTD’s plastics engineers and micro medical experts will continue partnering with OEMs going forward.

Related Content

  • MMT Chats: Acquisition Trends and Lessons for Mold Builders

    Jim Berklas is a former full-time M&A lawyer for several of the largest private equity firms in the country and has 25 years of M&A experience and 200 closed transaction. Today, he is founder and M&A Leader with Augmented Industry Services. He joins me for this MMT Chat on mergers and acquisitions trends and strategies within in the mold manufacturing industry. This episode is brought to you by ISCAR with New Ideas for Machining Intelligently.

  • Mold Builder Uses Counter-Intuitive Approach for Mold Challenges

    Matrix Tool Inc. answers customers’ hard questions with creative solutions for cavity spacing, tool sizing, runner layout and melt delivery that reveal the benefits of running in a smaller press size at lower cavitation but higher yield.

  • Leading Mold Manufacturers Share Best Practices for Improving Efficiency

    Precise Tooling Solutions, X-Cell Tool and Mold, M&M Tool and Mold, Ameritech Die & Mold, and Cavalier Tool & Manufacturing, sit down for a fast-paced Q&A focused on strategies for improving efficiencies across their operations.

The Automated Shop Conference
Millstar
Regal Components: Custom precision mold components
Kor-Lok
MoldMaking Technology Magazine
Gardner Business Intelligence
IMTS 2024
SolidCAM Mold Machining for maximum precision
Plastic Mold Steels