Wed 25, Apr 2018
The Tooling Tech Group (TTG) has announced the acquisition of Century Tool Group, which includes both Century Tool & Gage in Fenton, Mich., and CTG Bel-Kur Automation in Temperance, Mich. Century Tool Group is a multi-faceted engineering and manufacturing company, providing fully machined, precision compression molds, automation equipment, and secondary fixtures to North American automotive and heavy-truck OEM’s and Tier 1 suppliers.
Century Tool & Gage provides medium to large compression molds for automotive and heavy-truck structural and Class-A exterior components. CTG Bel-Kur, Century’s Automation division, provides automated assembly equipment and fixtures for downstream compression molding operations, from simple manually operated machines to fully automated work cells.
CTG Bel-Kur, Century’s Automation division, provides automated assembly equipment and fixtures for downstream compression molding operations, ranging from simple manually operated machines to fully automated work-cells.
“Century Tool is a world-class company that fits perfectly with our ‘whatever it takes, on-time, every-time’ operating model,” said Tony Seger, CEO of Tooling Tech Group. “We are excited to partner with them as TTG enters its next phase of growth. This acquisition presents an opportunity for us to expand our already strong position in the automotive, heavy-truck and automation industries.”
Founded by Tony Seger in 1982, the Tooling Tech Group has grown to become the largest tooling company in the US. It produces an extensive line of custom, precisely engineered, production tools and related equipment, primarily for the automotive industry. Divisions of the company now include Tooling Technology, Fremont Plastic Molds, Majestic Industries, G.H. Tool, Century Tool & Gage and CTG Bel-Kur Automation.
Also, TTG produces custom production tools and related equipment, primarily for the automotive industry.
News & Image Source: Tooling Technology Group