Michael Gould, StackTeck’s Chief Operating Officer stated: “Over the last three years we have invested an average of $4.6 million USD per year representing about 8% of our order intake. At the same time, we are finding synergies between our mold and automation lines resulting in highly integrated mold specialties such as servo driven mold functions and in-mold automation delivering highly integrated solutions to our customer base.”
Our investment in StackTeck’s manufacturing facilities has resulted in a 13% increase in high-speed milling, 50% increase in EDM, and 50% increase in gun drilling, further enabling our ability to deliver large multi mold programs.