SAEGERTOWN, Pennsylvania., October 4, 2021 / PRNewswire / – Adler Industrial Solutions, Inc. (“Adler”), a growing company in the tooling and mold industry, announced that it has completed the acquisition of Shorts Tool and Mfg., Inc . (“Shorts”). This operation marks the first acquisition of Adler and gives the company a presence in the west Pennsylvania, which the company sees as a critical geographic area for toolmaking talent and a major center for American manufacturing.
Situated in Saegertown, Pennsylvania, Shorts is a manufacturer of close-tolerance, multi-cavity plastic injection molds and ancillary products primarily for the medical, consumer goods, aerospace and industrial sectors. Founded in 2001, the company uses highly skilled engineering and manufacturing capabilities to provide accurate, reliable and efficient customer solutions.
Adler was designed by Philippe Gruner, an entrepreneur with a successful background in manufacturing who previously owned and operated KG Technologies, a world leader in electromechanical relays listed as the 49e fastest growing company in the United States by Inc.com. Gruner’s background gave him a deep appreciation for the toolmaking profession, which inspired him to create Adler and invest in the tooling and mold industry by creating a network of companies. leaders with complementary capabilities who, together, could better serve their clients.
“Shorts is a great first transaction to build on for Adler as it already has a world-class workforce and customer base,” said Gruner, CEO of Adler. “Our workforce will only be made more efficient through our planned investments in improved machines, tools, software and processes. This, in turn, will allow us to better serve our customers. “
As a member of Adler, Shorts will benefit from corporate functions, improved software tools, greater investments in advanced machinery and an expansion of its ability to grow with its customers.
“I spent a lot of time looking for the right buyer for the company I have dedicated my life to,” said Kevin shorts, former owner of Shorts. “I wanted a buyer with a deep understanding and appreciation for what we do, and who would commit to investing more both in my people and in the store itself. I’m sure I’ve found this with Adler and that they will take Shorts to the next level, which I know will benefit both Shorts employees and its customers. “
MBS Advisors Florence, MA represented Shorts Tool & Mfg., Inc. in the transaction.
for more information, contact [email protected].
About Adler Industrial Solutions, Inc.
Adler Industrial Solutions, Inc. was launched in 2021. Its mission is to acquire a geographically distributed network of niche tooling and die companies, initially focusing on injection mold and ancillary manufacturers. . For more information, please visit www.adlertooling.com.
About Shorts Tool and Mfg., Inc.
Situated in Saegertown, Pennsylvania, Shorts is a manufacturer of close-tolerance, multi-cavity plastic injection molds and ancillary products primarily for the medical, consumer goods, aerospace and industrial sectors. The company was founded in 2001 and uses advanced engineering and manufacturing capabilities to deliver precise, reliable and efficient customer tooling. For more information, please visit www.shortstool.com.
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SOURCE Adler Industrial Solutions, Inc.