July 20, 2022

Graham Engineering Acquires Kennedy Tool & Die and Announces Extension of its Lifecycle Management to Include Molds & Tooling

Graham Engineering Company, LLC (“GEC”) and Kennedy Tool & Die, Inc. (“Kennedy”) announce that GEC has acquired Kennedy, a leading precision manufacturer of molds and tooling used in blow molding, rim molding, and thermoforming.  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. But, we believe few effectively bridge the process expertise between extrusion and mold design to create high-quality finished products. This transaction represents GEC’s commitment to anticipate and meet customers’ changing needs, giving customers the ‘one-stop shop’ and partner to ensure performance over the life of their equipment,” said David Schroeder, President and CEO of GEC. “Putting together the right team and capabilities is critical. Kennedy brings a deep understanding of precision molds and tooling, and we’re thrilled to have Steve, Scott, and their team join us. Bringing two industry leaders together will significantly advance our ability to serve customers.”

“Kennedy is excited to join the Graham team,” said Steve Kennedy, co-owner. “Together, we will provide more value to our customers,” said Scott Kroll, co-owner.

As a brand of GEC, Kennedy will continue to operate in Birdsboro, PA, and will provide key contributions to GEC’s aftermarket business, with Steve Kennedy as Director of Operations and Scott Kroll as Director of Business Development.

The terms of the transaction were not disclosed.  Visit www.grahamengineering.com for more details on GEC’s products, services, and capabilities in polymer extrusion for a wide variety of market applications.

For any questions, please contact Corey Gast, Marketing Manager, at cgast@grahamengineering.com. For more information on Kennedy Tool & Die, please visit https://www.ktdmold.com/

 

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