York equipment manufacturer makes add-on acquisition

Graham Engineering, a York-based equipment maker, has purchased a Berks County company with a complementary business.

  • Graham Engineering makes machinery used in producing — or extruding — plastic parts ranging from car bumpers to catheters.
  • Its new acquisition, Birdsboro-based Kennedy Tool & Die, specializes in making molds and tooling used in plastics-manufacturing processes called blow molding, rim molding and thermoforming.
  • “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,” David Schroeder, president and CEO of Graham Engineering said in a statement. “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.”
  • Terms of the deal were not disclosed. A spokesperson for Graham declined to comment beyond the press release.

What’s next: Kennedy Tool & Die will operate as a brand under the Graham Engineering label.

  • Kennedy co-owners Steve Kennedy and Scott Kroll will take on roles as operations director and business development director, respectively.

The background: York County entrepreneur Don Graham founded Graham Engineering in 1960. Four years later, he invented a new way to extrude plastic.

  • The company has made other acquisitions over the years.
  • In 2012, Graham Engineering bought a company called American Kuhne, followed three years later by the acquisition of Welex.
  • The two companies pioneered different ways of making plastic parts and continue to operate under their existing names.

Share:

Gladly Sponsored By:

More Central PA News

Utz names next CEO 

After steering one of the region’s largest private companies onto the public market, Utz Brands CEO Dylan Lissette is stepping into a new role. After 27 years

Read More »

York law firms link up

Three York-based law firms are becoming one in a merger slated to close Oct. 1. The firms are Blakey Yost Bupp & Rausch; Griest Himes Herrold Reynosa; and MPL

Read More »