Reed City Tool
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Reed City Tool - overview
Established
1959
Location
Reed City, MI, US
Primary Industry
Industrial Machinery
About
Reed City Tool specializes in providing injection molding solutions, focusing on comprehensive services that include tooling, plastic processing, and part assembly to address complex manufacturing needs across various industries. Reed City Tool, founded in 1959, operates in Reed City, Michigan, United States, specializing in injection molding services. In May 2017, the company was acquired by Argosy Private Equity, indicating a strategic shift in its business operations as it seeks to expand its capabilities. Reed City Group specializes in turn-key injection molding solutions, providing a comprehensive suite of services that encompass plastics, tooling, and automation.
The company’s core offerings include in-house injection mold processing, part assembly, and logistics management, enabling clients to address complex product challenges effectively. By leveraging extensive expertise in various plastic materials, Reed City Group serves a diverse client base across multiple industries, including life sciences and medical sectors. The end users of their products span from healthcare providers to manufacturers requiring precise and reliable plastic components. Reed City Group's products are distributed primarily within the North American market, although the company is well-positioned to explore additional geographical regions as opportunities arise.
Reed City Group generates revenue through a structured transaction model primarily focused on B2B interactions, whereby the company partners with businesses requiring injection molding services. Transactions typically involve direct contracts for manufacturing, where clients specify their needs for custom plastic components based on their product specifications. The revenue structure is supported by agreements that outline project scope and deliverables, ensuring that both parties have a clear understanding of timelines and costs. This model encompasses individual project pricing based on the complexity and quantity of components required, with potential for recurring contracts as clients establish ongoing needs.
Reed City Group’s flagship offerings in injection molding and related services underscore their competitive position within the manufacturing sector. Following the acquisition by Argosy Private Equity in May 2017, Reed City Group is focused on enhancing its product offerings and expanding into new markets. The company is currently designing new injection molding products and exploring opportunities to penetrate additional North American markets while considering ventures into international territories as part of a long-term growth strategy. Recent funding will be allocated to support product development and broaden market reach.
Current Investors
Argosy Private Equity
Primary Industry
Industrial Machinery
Sub Industries
Industrial Machinery
Website
http://www.reedcitygroup.com
Verticals
3D Printing, Manufacturing
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Reed City Tool - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Reed City Tool | - |
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Reed City Tool - employee data


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