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“Bridging the gap” between extrusion and tooling and mold design, the acquisition will allow Graham Engineering to expand its life-cycle management portfolio.

July 21, 2022

1 Min Read
placing last piece in puzzle
Image courtesy of Alamy/Brian Jackson

Extrusion technology company Graham Engineering Co. LLC (GEC) announced today that it has acquired Kennedy Tool & Die Inc., a manufacturer of molds and tooling used in blow molding, reaction-injection molding, thermoforming, and structural-foam molding.

The terms of the transaction were not disclosed.

“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.”

A single-screw extrusion specialist, Graham Engineering offers standard and custom extrusion products spanning blow molding, feed screws, and turnkey systems for various end markets.

Headquartered in York, PA, GEC is committed to supporting customers’ evolving needs through a one-stop-shop approach, commented Schroeder on the rationale for purchasing Kennedy Tool & Die. “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,” said Schroeder.

The Kennedy operation, now a GEC brand, will remain in Birdsboro, PA, where it was founded in 1960. 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.

“This is just a logical step toward helping to meet the needs of an ever-changing marketplace,” commented Kroll. “Together, we can provide more value to customers and simplify the extrusion machinery and tooling process.”

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