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Graham Engineering acquires tool & die company

Source:Graham Engineering     Date:2022-07-28
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Graham Engineering Company, LLC (GEC), and Kennedy Tool & Die, Inc., announce that GEC has acquired Kennedy, a leading precision manufacturer of molds and tooling used in blow molding, reaction-injection molding, thermoforming and structural-foam molding. The acquisition of this skilled team of engineers, tool makers, and machinists will accelerate GEC’s ability to support customers throughout the life of their extrusion equipment.


“There are good mold and tooling suppliers and good extrusion machinery companies,” observed David Schroeder, President, and CEO of GEC. “Until now, however, we don’t believe that anyone has bridged the gap between extrusion and the tooling and mold design required to make the finished product, nor the services required to maintain system performance over time.


“GEC continues to grow its commitment to supporting customers and their ever-changing needs by providing them a ‘one-stop shop’ and a partner to ensure performance over the life of their equipment,” he continued. “A critical step in achieving this goal is putting the right organization together to meet those needs. The Kennedy team brings a deep understanding of precision molds and tooling, and we are thrilled to have them join our company. Bringing together two industry leaders will significantly improve our ability to provide superior customer service and the highest quality products.”


As a brand of GEC, the Kennedy operation will remain in Birdsboro, PA, providing essential contributions to GEC’s aftermarket business. Reporting directly to David Schroeder, Kennedy co-owners Steve Kennedy and Scott Kroll will continue with the company as Director of Operations and Director of Business Development, respectively.


“Kennedy is excited to join the Graham Team!” Steve Kennedy said. Scott Kroll added: “This is just a logical step toward helping to meet the needs of an ever-changing marketplace. Together, we can provide more value to customers and simplify the extrusion machinery and tooling process.”


The terms of the transaction were not disclosed.


The global standard in single-screw extrusion, Graham Engineering Company, LLC (GEC) has more than 60 years of experience meeting and exceeding our customers’ needs. GEC has provided machinery solutions in over 70 countries across many forms of extrusion. The company’s solutions comprise standard and custom solutions spanning blow molding, sheet, single screw extruders, feed screws, extrusion systems, and specialized turnkey systems for automotive, industrial, construction, packaging, wire & cable, durable goods, graphics, and healthcare industries. GEC is headquartered in York, PA.   


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