AIM Processing Acquires Technical Molded Products, Strengthening Position in Western Region’s Injection Molding Industry

DENVER, CO – 9/9/2024 - AIM Processing, with support from MCM Capital Partners, has acquired Technical Molded Products, a move that solidifies AIM's position as one of the leading injection molders serving manufacturers in the western United States. This strategic acquisition enhances AIM's capabilities and expands its customer base in key industries.

AIM Processing, which specializes in highly automated production of small injection molded parts with complex geometries, operates 37 machines 24/7 in the Denver area, with a proven track record in efficiency and quality in custom molding services. With this advanced operating model, AIM maintains high production yields and near-zero returns on millions of parts shipped each month.

Kelly Hazzard, the retiring president of Technical Molded Products, expressed his satisfaction with the acquisition.

"Finding the right strategic partner for our customers was paramount in this decision. I was thoroughly impressed with the efficiency and quality at AIM Processing. Its dedicated customer service team is a real differentiator in the industry, which gave me confidence that our customers would be in excellent hands."

Jon Gelston, president of AIM Processing, added, "This acquisition aligns perfectly with our technical production capabilities, allowing us to bring our advanced injection molding processes and automation technology to TMP’s customer base. We're excited about the opportunities this provides and are committed to delivering the highest level of service to our new customers from TMP."

Greg Ott, senior operating partner with MCM Capital Partners, a manufacturing-focused private equity firm that invested in AIM Processing in 2023, highlighted the strategic importance of the acquisition.

"This transaction supports our earlier investment strategy in AIM Processing where we saw the enormous potential to leverage AIM’s operational excellence to accelerate growth. This acquisition is a testament to AIM's commitment to that strategy and will further strengthen AIM's leadership in the injection molding industry."

The integration of Technical Molded Products into AIM Processing is expected to be seamless, with a focus on maintaining the high levels of quality and service that customers of both companies have come to expect. More than 85% of AIM Processing’s orders, even for custom parts, ship from stock.

About AIM Processing:
AIM Processing is one of the leading custom molders in Colorado, operating a state-of-the-art, highly automated facility north of Denver. With 37 machines running 24/7, AIM serves a diverse range of industries with precision and efficiency with a specialization in difficult-to-manufacture small components. Learn more at www.aimprocessing.com.

About MCM Capital Partners:
MCM Capital is a private equity firm focused on investing in and growing small to mid-sized companies. With a strong track record of successful investments, MCM Capital partners with management teams to drive operational improvements and achieve sustainable growth. Learn more at www.mcmcapital.com.