Capital For Business, Inc. has invested in Patterson Mold and Tool, LLC to leverage its engineering expertise in the growing die casting industry.
Target Company Overview
Located in St. Charles, Missouri, Patterson Mold and Tool, LLC is a prominent designer and manufacturer specializing in complex tooling for the die casting industry. The company excels in engineering support and works closely with die casting providers and their end customers, facilitating everything from prototype development to production tooling. Furthermore, Patterson offers comprehensive tool and die repair and refurbishment services. Leveraging their machining expertise, they also manufacture precision metal components and assemblies that serve various markets, including aerospace and communications.
Industry Overview in the United States
The die casting industry in the United States has shown resilience and innovation, driven by advancements in technology and increasing demand for high-quality components. With the growth of sectors such as automotive and aerospace, the need for durable and complex tooling continues to rise. Companies operating within this industry are focusing on efficiency and precision to meet stringent customer requirements, leading to ongoing investments in state-of-the-art machinery and skilled labor.
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In recent years, the industry has witnessed a shift towards sustainability and reduced waste, prompting manufacturers to adopt eco-friendly practices. This shift not only contributes to environmental preservation but also enhan
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Capital For Business, Inc.
invested in
Patterson Mold and Tool, LLC
in 2021
in a Growth Equity & Expansion Capital deal