Tooling Tech Group Acquires Century Tool Group
With the acquisition of Century Tool Group, Tooling Tech Group can enter its next stage of growth and expand its position in the automotive, heavy-truck and automation industries.
Tooling Tech Group (TTG) has announced the acquisition of Century Tool Group, which includes both Century Tool & Gage in Fenton, Michigan, and CTG Bel-Kur Automation in Temperance, Michigan. 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 original equipment manufacturers and Tier 1 suppliers. This acquisition presents an opportunity for TTG to expand its position in the automotive, heavy-truck and automation industries.
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.
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