Adler Industrial Solutions, Inc., a growing company in the tooling and mold industry, has completed the acquisition of Shorts Tool and Mfg., Inc. This transaction marks the first acquisition by Adler and gives the company a presence in western Pennsylvania, which the company believes is a critical geography for tool making talent and an important center of American manufacturing.
Located in Saegertown, Pennsylvania, Shorts is a manufacturer of close-tolerance and multi-cavity plastic injection molds and ancillary products primarily for the medical, consumer goods, aerospace and industrial industries. Founded in 2001, the company utilizes highly skilled engineering and manufacturing capabilities to provide precise, reliable and effective customer solutions.
Adler was conceived by Philipp Gruner, an entrepreneur with a successful manufacturing background who previously owned and operated KG Technologies, a global leader in electromechanical relays that was listed as the 49th fastest growing company in the U.S. by Inc.com. Gruner's experience gave him a deep appreciation for the tool making trade, which inspired him to create Adler and invest in the tooling and mold industry by building a network of leading companies with complementary capabilities that, together, could better service their customers.
As a part of Adler, Shorts will benefit from corporate functions, improved software tools, investing more heavily in state-of-the-art machinery and expanding its ability to grow with its customers.
MBS Advisors of Florence, MA represented Shorts Tool & Mfg., Inc. in the transaction.
