Sigma Electric announces that it has just completed its acquisition of Tooling Dynamics


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Independent Tech & news media Writer

Jan 13, 2020, 09:30 EST


Elkland, United States, Jan 13, 2020, 09:30 /Comserve / -- Sigma Electric, a global manufacturer of precision engineered metal components based in the U.S. had just completed the acquisition of Tooling Dynamics, another American manufacturer of precision metal stamping products.

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Sigma Electric, a global manufacturer of precision engineered metal components based in the U.S. had just completed the acquisition of Tooling Dynamics, another American manufacturer of precision metal stamping products.

 The announcement by Sigma Electric to acquire Tooling Dynamics was just made a while ago, with Sigma, being one of the leading global manufacturers of precision engineering metal components and electrical fittings set to expand its capacity further to benefit customers. Tooling Dynamics LLC, a manufacturer of precision metal stamping products based at York, Pennsylvania has been serving industries such as automotive, electrical, military and others. Tooling Dynamics has had several years of experience in working on complex precision metal components. Working with very thin gauge metals and with tight tolerance requirements, Tooling Dynamics has always strived to deliver quality and reliability in its services. Tooling Dynamics has kept its focus towards bringing out solutions for the various challenges and complexities involved in design and production in the precision components market. The acquisition is expected to open up several notable opportunities to work with top class global suppliers that offer a significant number of product offerings of various metal types.        

Sigma Electric’s Chief Executive Officer and President, Viren Joshi mentioned as follows, “Tooling Dynamics’ strength as a valued supplier for their connectivity and electrification-focused customers is a highly complementary fit with Sigma Electric, and we warmly welcome the Tooling Dynamics team. The President & CEO of Tooling Dynamics, Bob Updike stated that all the members of the Company are proud of the long history of the Company that exists from being a valued engineering solutions provider for high volume, high speed, precision, highly complex and tight-tolerance stamped components. He also stated that the Company is looking forward to joining the Sigma family of services and solutions and also its next phase of growth as being a part of Sigma Electric’s global offering.

Independent Tech & news media Writer


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Marlin Bode

Independent Tech & news media Writer
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