Immediate Release – November 2022
Converting Technology, Inc. and Converting Technology Engraving, Inc. have been acquired by the DFC Manufacturing Group, LLC
St. Louis, MO (November 9, 2022) – Converting Technology, Inc. and Converting Technology Engraving, Inc. (“CTI/CTE”) today announced that both companies have been acquired by the DFC Manufacturing Group, LLC. Terms of the sale were not disclosed.
DFC Manufacturing Group is a leading die maker and post print finishing company with locations across the United States.
CTI was established in 1993 with the primary goal of establishing itself as the best tooling supplier in the industry. Listening to their customers is what put CTI on the cutting edge of die making. As the industry grew rapidly with the introduction of automated die- making equipment and high-speed cutting presses, CTI quickly adapted by supplying both press-ready tool sets and technical assistance. CTE was founded in 2014, because CTI identified the opportunity to offer its customers a single source solution for all of their embossing, foiling, BRAILLE and die cutting needs. CTI/CTE operations will continue at their Elk Grove Village, IL and Greensboro, NC facilities.
The systems and tools CTI/CTE manufactures are designed to take the variables out of die cutting. Our mission statement is to supply the converting industry using the most advanced technology available; this technology paired with our dedicated and knowledgeable staff culminates in our diverse product line.
“We are excited to offer our customers a broader range of products and locations,” said DFC Manufacturing Group’s National General Manager, Brian Kearins. “For 30 years, CTI has been producing innovative steel rule dies, and for almost 10 years CTE has been providing embossing dies of the highest quality. We look forward to investing in and continuing their tradition of exceptional customer service and high-quality tooling.”
“I am proud to partner with the DFC Manufacturing Group,” said John Norgard, President and Co-Founder of CTI/CTE. “DFC Manufacturing Group owns several die companies and specialty converters, so they understand our business and share our vision. I am proud of the fact that our first customers have been with us almost 30 years. Not only have they been instrumental in our success, but also witnessed our growth throughout the years. I am confident CTI/CTE will continue to thrive and meet our customers’ evolving needs as a part of the DFC Manufacturing Group.”
ABOUT DFC MANUFACTURING GROUP LLC
DFC Manufacturing Group is a leading die maker and post print finishing company with locations across the United States, including Phoenix, AZ, Salt Lake City, UT, St. Paul, MN, and North Attleboro, MA. We manufacture customized steel rule dies, thermo-forming dies, and provide custom cutting and converting services. Our customers include corrugated and packaging companies, commercial printers, advertising agencies, food packaging companies, medical device companies, and direct mail houses.
ABOUT CONVERTING TECHNOLOGY, INC. AND CONVERTING TECHNOLOGY ENGRAVING, INC.
Founded in 1993, Converting Technology, Inc. (https://converting-technology.com/) sought to establish ourselves as the best tooling supplier in the industry. Converting Technology Engraving, Inc. manufactures embossing dies, providing a complete line of the highest quality tooling. Our customers include folding carton manufacturers, food packaging companies, commercial printers, consumer packaged goods companies, and many others.