Graham Buys Tool Maker Kennedy

Graham Engineering Company LLC (GEC) has acquired Kennedy Tool & Die,  a leading precision manufacturer of molds and tooling used in blow molding, reaction-injection molding, thermoforming and structural-foam molding. The acquisition of this team of engineers, tool makers, and machinists will accelerate GEC’s ability to support customers throughout the life of their extrusion equipment, Graham said in a press release.

“GEC continues to grow its commitment to supporting customers and their ever-changing needs by providing them a ‘one-stop shop’ and a partner to ensure performance over the life of their equipment,” noted David Schroeder, President, and CEO of GEC. “A critical step in achieving this goal is putting the right organization together to meet those needs. The Kennedy team brings a deep understanding of precision molds and tooling, and we are thrilled to have them join our company. Bringing together two industry leaders will significantly improve our ability to provide superior customer service and the highest quality products.”

As a brand of GEC, the Kennedy operation will remain in Birdsboro, Pa., providing essential contributions to GEC’s aftermarket business. Reporting directly to Schroeder, Kennedy co-owners Steve Kennedy and Scott Kroll will continue with the company as director of operations and director of business Development, respectively.