Tooling Tech Group acquires Century Tool Group
April 22, 2018 by Manufacturing AUTOMATION
Apr. 21, 2018 – The Tooling Tech Group (TTG) has announced the acquisition of Century Tool Group, which includes both Century Tool & Gage and CTG Bel-Kur Automation.
Founded in 1982, the Tooling Tech Group has grown to become one of the largest tooling company in the United States, producing custom production tools and related equipment primarily for the automotive industry. Its manufacturing operations are fully integrated across the entire production process, from engineering/design to finishing and prototyping.
Engineering and manufacturing firm Century Tool Group provides fully machined, precision compression molds, automation equipment and secondary fixtures to North American automotive and heavy-truck OEMs and Tier 1 suppliers. Under the Century Tool & Gage name, the company 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, 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.”