Tecum Capital Partners and NewHold Enterprises have partnered to invest in F&S Tool, Inc., aiming to support the company's growth in high-output precision tooling for global markets.

Information on the Target

F&S Tool, Inc. (“F&S”), founded in 1983, is a family-owned manufacturer located in Erie, Pennsylvania. The company specializes in high-output precision tooling, particularly high-efficiency injection and compression molds with an expectation of producing between two to six million cycles annually. F&S is recognized for its expertise in complex mold designs, such as Stack and Cube Molds with high-cavity applications, which enable the production of volume products while maintaining industry-leading cycle times.

Under the leadership of CEO JD Faulkner, F&S has cultivated a strong reputation for innovation and virtual engineering, which have set it apart from competitors. This approach has allowed the company to experience significant growth, especially in the medical and packaging sectors, by delivering precise and durable molds that provide a superior return on investment for clients.

Industry Overview in the Target’s Specific Country

The manufacturing industry in the United States, particularly in the tooling sector, has undergone significant transformations in recent years. A resurgence in domestic manufacturing has been observed, driven by various fa