Hot off the Press


 

SHARE:  

BTD Manufacturing Acquires Performance
Tool & Die, Names President

BTD Manufacturing Acquires Performance
Tool & Die, Names President

Tuesday, February 8, 2005
 
BTD Manufacturing, Inc., Detroit Lakes, MN, has acquired Performance Tool & Die, Inc., Lakeville, MN. Formed in 1980, Performance Tool & Die has specialized in manufacturing mid-sized to large progressive dies for customers throughout the United States. BTD, a subsidiary of Otter Tail Corp., offers die design, engineering, prototyping and short-run services as well as stamping, assembly, finishing and packaging. With the acquisition, BTD has more than 450 employees in three Minnesota locations. In other BTD news, the company has named Paul Gintner its president and CEO, following the retirement of CEO and cofounder Earl Rasmussen. For more, visit www.btdmfg.com.

 

Visit Our Sponsors