Acquiring, Adjusting Growth in Moldmaking

Taking advantage of new business opportunities may require you to think about things differently.

Hurco North America Announces New Apprenticeship Program

The Field Service Apprenticeship merges hands-on training and repair of CNC machines with classroom materials. Hurco encourages candidates with or without experience to apply.

Kent Firestone Joins EOS North America

As the company’s senior VP of operations, Firestone will oversee the manufacturing, field service, logistics, quality and materials activities. 

Upcoming SPE Mold Technologies Division Discussion Confronts the Challenge of Supporting Next-Generation Moldmakers

Do you find it challenging to hire new designers, engineers or moldmakers for your company? Attend “The Skilled Workforce Challenge,” on April 8, 2021, at 8 a.m. EST for global perspectives and insights on the industry’s top challenge.

Rego-Fix Strengthens Supplier Relationships With New OEM Manager

With extensive manufacturing experience, newly appointed Bryan Bannister will oversee all North American business partnerships and OEM team members as needed.

Bond Building and Blitz Programs

It’s relationship and experience and not shop size that allows the Enterprise Mold team to tackle some nontraditional mold projects—at least they are nontraditional for the shop’s Windsor location.

Markforged To Become Publicly Listed Through Merger With One

Business combination with special purpose acquisition company (SPAC) one to be completed by the end of summer 2021.

TDM Systems Appoints New Vice President of Global Sales and Marketing

In this position, Jean-Paul Seuren will be responsible for optimizing and expanding the sales structure of the company.

Plastikos Medical Accelerates Phase II Expansion Plans

Plastikos Medical expansion slated for March 2021 is expected double the size of the current ISO-7 cleanroom, and fit 15 additional medical injection molding machines. 

MMT Chats: The 12 Sins of Non-Disclosure Agreements

Today’s MMT Chats guest is Mark Gauvain, a manufacturing and tooling business development executive (and one of MMT’s Editorial Advisory Board members) with some insight to share on a topic I’ve been asked about recently … NDAs. This episode is brought to you by ISCAR with New Ideas for Machining Intelligently.


Predictive Manufacturing Moves Mold Builder into Advanced Medical Component Manufacturing

From a hot rod hobby, medical molds and shop performance to technology extremes, key relationships and a growth strategy, it’s obvious details matter at Eden Tool.

Gardner Business Index 2020 Year in Review

The GBI 2020 Year In Review looks back at business activity data over the last 12-months in order to give manufacturing leaders the insights they will need to maximize their success in 2021.

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.

MGS Mfg Group Fills Gaps with Acquisition

The recent acquisition of Formteknik by MGS Mfg Group brings expert precision round work capabilities to the table that expands the company’s overall capabilities and customer service.

The New Moldmaking Business Model

Developing a strategic view for your moldmaking business is the first step in building an appropriate business model. 
#industry40 #basics #sales

5 Quick Steps to Strategize for 2021

The year 2020 increased financial strain on businesses. As we recover, here are a few recommendations to put a plan in place, so your team can get through the next set of challenges.

Fraud Risk Management Strategies for Mold Shops

Mold builders must understand fraud so they can reduce the risk and improve profitability and efficiency.

Trumpf Inc. Announces Two Personnel Changes

Eliana Fu has been welcomed as new industry manager under Trumpf’s laser division, and Brett Thompson takes on an expanded role as sales consultancy manager for TruLaser technology.

MMT Chats: The Value of Digging Deeper

Maybe it’s his passion for scuba diving, but this operations manager for X-Cell Tool and Mold loves digging deeper into relationships and mold projects. Brian Dippel chats with me about moldmaking, molding, business management, work ethic, employee-centered culture, expansion, customer relationships, deodorant sticks, acquisition and yes, scuba diving.