RL Hudson & Company Announces Acquisition of Specialized Precision Plastic Injection Molding Company, Rapid Production Tooling, Inc.
TULSA, Okla., July 9, 2018 /PRNewswire/ -- RL Hudson has completed the acquisition of Colorado-based Rapid Production Tooling, Inc., a technically superior injection mold tooling company. The acquisition will allow RL Hudson to leverage additional technology and capability to provide turnkey service to customers. From material development, to part and mold design, to prototype and production parts, RL Hudson now can respond quickly with high precision molds, other tooling and molded components. The partnership positions RL Hudson as a top technical solutions provider and provides important market diversification into new high-tech markets.
"We are delighted to be able to join forces with Rapid Production Tooling," said Rick Von Drehle, President / CEO of RL Hudson & Company. "Rapid is a terrific company with great people, technical capabilities and equipment. For RL Hudson, the acquisition of Rapid will enable us to move faster and with much better precision in our plastic injection molding business."
About RL Hudson & Company
Headquartered in Tulsa, Oklahoma, RL Hudson & Company was founded in 1980 by Rick Hudson. Rick Hudson's passion for rubber chemistry and rubber and plastic molding technology focused on the need for specialized rubber, sealing and plastic product development for numerous markets and industries. Recognizing the growing demand for technically sophisticated production intent parts, the company built new facilities and launched new in-house manufacturing and assembly capabilities for plastic injection molding and tooling. Providing affordable injection molding for prototypes, low volume parts, bridge tooling and validation builds was a primary focus of the initiative. Benefits to customers include cost reductions through design improvements, metal to plastic conversions, a wide range of machine sizes and quick turn around on prototype and production parts by a professional design and engineering team. Future plans include expansion of the new manufacturing center and component assembly capabilities as well as an active search for additional growth opportunities. For more information visit RLHudson.com.
About Rapid Production Tooling, Inc.
Rapid Production Tooling of Berthoud, Colorado was founded in 1997 by three talented, visionary journeyman toolmakers. Through the years a number of other employees also invested in the company to help it grow. At present, Rapid has 38 employees and is one of the country's most capable precision plastic injection mold and tooling manufacturers. Rapid has a comprehensive array of state of the art robot-controlled CNC equipment, EDM, laser, grinding, polishing and measuring equipment capable of producing molds to the most demanding specifications. Rapid's market focus is on the medical parts and electronics markets as well as other high-spec industrial and commercial molding applications.
CONTACT: MEDIA RELATIONS: 918-259-6600 [email protected]
SOURCE RL Hudson & Company
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