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Tooling Tech Group history
Tooling Tech Group company history timeline
Originally founded in 1982 as Tooling Technology, located in Fort Loramie, Ohio., the company quickly began growing both organically and through acquisitions.
Introduced in 1987, the Jeep Wrangler has become an icon and popular across the world.
Also, in 1999, Canal Pattern, a business in the highly skilled wood pattern and model field was added to make TTG a full-service tooling operation.
Then in 1999, the Edward D. Segen Company was purchased.
In 2006, TTG bought Laser Die, a Grand Rapids, Michigan sales and engineering office to manufacture compression tooling, including one of a kind in-mold trim of fibrous materials.
And in 2011, Tooling Technology Group purchased Fremont Plastic Mold Corporation, a leading manufacturer of blow mold tooling and secondary equipment.
In 2015, it purchased Majestic Industries, a provider of progressive stamping dies and short run production, as well as G.H. Tool & Mold, specializing in die cast dies and aerospace tooling.
With the 2018 model re-design, engineers were able to drop 200 pounds from the vehicle by employing aluminum bodywork and composite hardtop panels, with molds supplied by Tooling Tech Group.
Then in 2018, three more purchases were made to complement the company’s ability to provide design services and tooling across a range of applications.
Although the new 2019 Ranger features a high strength steel frame, the company is employing composite truck beds and body panels to help reduce vehicle weight.
With the increasing focus on creating efficiency through automation, in 2019 TTG invested in the purchase of Alpha Integration, a provider of turnkey assembly solutions, automated assembly equipment and automated vision inspection systems.
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Tooling Tech Group competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Triangle Tool | 1963 | $34.3M | 200 | - |
| Nidec Minster | 1896 | $118.0M | 500 | 18 |
| Detroit Tool Metal Products | 1947 | $76.0M | 350 | 1 |
| Allied Machine & Engineering | 1941 | $65.6M | 200 | - |
| Columbia Machine | 1937 | $21.4M | 420 | 13 |
| Haldex Hydraulics Corporation | 1929 | $1.2B | 871 | - |
| Kaydon | 1941 | $475.2M | 2,187 | 3 |
| American Tool and Mold | 1978 | $16.0M | 100 | 11 |
| Penn United Technologies | 1971 | $120.0M | 522 | 31 |
| ABB Motors and Drives US | 1920 | $1.5B | 5,500 | - |
Tooling Tech Group history FAQs
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Tooling Tech Group may also be known as or be related to Tooling Tech Group and Tooling Technology, LLC.