Le Sueur Incorporated has acquired Craft Pattern and Mold to enhance its service offerings and capabilities in metal prototyping, aiming for growth in key industrial markets.

Target Company Overview

Craft Pattern and Mold, headquartered in Montrose, MN, is a prominent provider specializing in rapid prototyping and fabrication of complex metal and plastic components. With over 30 years of dedicated experience in the industry, Craft serves a diverse range of original equipment manufacturers (OEMs) across various sectors including agriculture, construction, aerospace, industrial pumps and valves, and powersports. The company is known for its commitment to delivering high-quality parts with swift lead times, a reputation achieved through its skilled workforce and advanced manufacturing capabilities.

Industry Overview in the United States

The metal prototyping and manufacturing sector in the United States is characterized by rapid advancements in technology and increasing demand across multiple industries. The ongoing growth in sectors such as aerospace and automotive fuels innovation in metalworking techniques, particularly in prototyping. This environment allows companies like Craft to thrive by meeting the evolving needs of OEMs for sophisticated component manufacturing.

Moreover, the U.S. industry's focus on efficiency and precision is driving companies towards integrating modern technologies, including computer-aided design (CAD) and additive manufacturing techniques. As com