- people on the move
Tooling company acquires engineering firm
A tooling company on the east side of the state has acquired a local engineering firm specializing in tool design and simulation.
Macomb-based Tooling Tech Group, or TTG, said today it acquired Grand Rapids-based Die Cad Group, or DCG.
Terms of the deal were not disclosed.
“Die Cad Group’s engineering service offerings and their experienced staff are a perfect addition to Tooling Tech Group’s existing proficiencies,” said Tony Seger, CEO, TTG.
“With this acquisition, our ability to provide a continuum of services from tooling design to simulation, manufacturing, production and even secondary automation is unmatched in the industry. We look forward to enhancing our customers’ experiences through this extensive single-source capability.”
Bobbie Blanton, partner and president at DCG, said the acquisition will provide “long-term stability and growth opportunities” for her company and help it expand its services.
“Our management team is excited and remains focused on supporting our customers with great service, which is still our top priority,” Blanton said.
“We felt this was a perfect fit for us, because there was virtually no overlap between our current customer base and TTG’s. We’ve built our reputation by helping our customers solve the industry’s most complex problems, and we will continue to do so.”
Jeff Barker, a spokesperson for TTG, said DCG will operate as one of TTG’s divisions, and its operations will proceed “business as usual.”
“The locations, HQ and entire team will be in place to continue to grow and serve their customers,” Barker said. “Overall, this should be a rather transparent change for Die Cad Group and (its) customers.”
Die Cad Group
Founded in 1995, Die Cad Group provides engineering services such as tool and die design, mold design, special machine design, transfer press simulation, die details sourcing, product and process simulation and other related services.
Die Cad Group has offices in Grand Rapids, Byron Center and Greenville.
Its customer base is among OEM and tier-one suppliers in the automotive, off-highway, furniture and white goods industries.
Tooling Tech Group
Founded by Tony Seger in 1982, Tooling Tech Group is a tooling company with capabilities in engineering and secondary automation equipment.
TTG’s tooling supports manufactured automotive platforms producing vehicle components such as soft-trim, powertrain components, structural stampings, valve bodies, dashboard and under-the-hood components, thermo-acoustic panels, roof components, liquid reservoirs, trunk components, wheel liners and more.
It also makes tooling products for the manufacturing of appliances, lawn and garden products, consumer goods, off-road equipment, marine products, agricultural equipment, heavy trucks, industrial blow-molds, kayaks, small engines and aerospace structures.