• Purchase of Laser Part Marking equipment, Solidworks CAD Workstations and Mold Flow Software - August 10, 2007

• The addition of electric and hydraulic injection molding presses - April 23, 2007

• Grand Opening ceremony for their Monterrey Mexico molding facility - April 19, 2006

• Purchase of a Kitamura high speed, high feed Vertical machining center - January 25, 2006

• Formed an alliance with Knight-Reber and Associates - December 14, 2005

• Establishment of a 21,000 sq. ft injection molding facility in the Monterrey area of Mexico - April 27, 2005

• The purchase of 3 additional injection molding presses  - May 3, 2005

Elk River Minnesota, August 10, 2007

E & O Tool & Plastics Inc. announces the purchase of computer programmable Coordinate Measuring Machines (C.M.M.), Laser Part Marking equipment, Solidworks CAD workstations, and Mold Flow software to support both their Elk River, Minnesota and Monterrey, Mexico facilities.

E & O Tool & plastics announces the addition of Scheffield computer programmable, Coordinate Measuring Machines, to their Elk River, Minnesota, and Monterrey Mexico facilities. They have added 2 Solidworks CAD workstations, and Moldflow simulation software to their Elk River Engineering Center; and automated, in line as well as off line Laser Part Marking equipment, to their Monterrey Mexico operation.

Director of Quality, Helen Swanson explains; “Our First Article and Capability Study requirements at both Elk River and Monterrey Mexico continue to grow, as a result of increased product development by our customers and our internal continuous improvement efforts.”

Engineering Manager, Joel Schafbuch notes; “The addition of Solidworks and Moldflow will help E&O reduce the design time necessary to build molds and improves our Design for Manufacturability analysis. Moldflow simulation improves our ability to identify molding issues before designing and building molds. It is more effective than just looking at prints and models.  The addition of these tools demonstrates our commitment to improve our capability and the menu of services we offer our customers.”

Elk River Minnesota, April 23, 2007

E & O Tool & Plastics Inc. announces the addition of electric and hydraulic injection molding presses, increasing the capacity at both their Elk River Minnesota and Monterrey Mexico facilities.

E & O Tool & plastics announces the addition of 5 injection presses, 3 to their Elk River Minnesota operation, and 2 at the Monterrey Mexico facility. The Elk River operation added new 250 ton and 500 ton Toshiba hydraulic presses and a 300 ton Negri Bossi electric. The Monterrey Mexico operation added new 120 ton and 160 ton Negri Bossi electric presses.

Director of Operations, Steve Durant explains; “Our sales growth at both Elk River and Monterrey Mexico is a result of our continued partnership with key customers, as well as the addition of new accounts. Our addition of the high performance Negri Bossi electric presses demonstrates our commitment to improve our capability as well as our capacity. The repeatability, ease of set up, and improved production efficiency are all benefits of these electric presses.”

Elk River Minnesota, April 19, 2006

E & O Tool & Plastics Inc. announces a Grand Opening ceremony for their Monterrey Mexico molding facility.

E & O began operating a 21,000 square foot injection molding operation in Monterrey in the fall of 2005, and with full operation for several months, will now take time to commemorate the achievements and show their growth capability. Tuesday May 9, from 4:00 to 6:00 pm, an open house will be held at their facility in the Kalos Industrial Park in Guadalupe, N.L. Mexico.

Company President Tim Osterman explains; “The expansion to Monterrey is the beginning of the next phase of growth for our company. Our partnership with a key customer offered us the opportunity to expand our relationship with them, outside the U.S. Our decision to locate in the Monterrey area, 140 miles south of Laredo , TX , was based on the availability of a large, well-educated workforce, a developed infrastructure, and proximity to our customers operation.

Elk River Minnesota, January 25, 2006

E & O Tool & Plastics Inc. announces the purchase of a Kitamura high speed, high feed Vertical machining center. The machine also features a Nano high-precision contour control package.

The new High Speed machining center, with improved rigidity, will directly machine cavities in hardened steel with a polish ed finish; eliminating the time and cost involved in hardening and polishing required with more conventional milling operations. This machining center utilizes a 30 tool automatic tool changer with a laser sensing unit for cutting tool adjustments.

Company Tooling Manager, Steve Ouverson explains; “With the addition of this machine we have increased the capacity of our existing tool room. In addition we are able to offer our customers shorter mold lead-times, and more competitive pricing allowing us to grow in an ever increasing global mold building market.”

Elk River Minnesota, December 14, 2005

E & O Tool & Plastics Inc. announces they have formed an alliance with Knight-Reber and Associates as their Sales Representatives in Minnesota, Wisconsin, Iowa, and North and South Dakota.

As part of an expanding sales and marketing effort E & O Tool & Plastics has embarked on a strategy of increasing market penetration and broadening sales coverage in the upper Midwest. Knight-Reber, a 4 person sales agency with offices in Bloomington , Minnesota and Middleton , Wisconsin has been representing high quality manufacturers in the upper Midwest since 1986.

Company Director of Sales and Marketing, Rob Clarno explains; “With the addition of Knight- Reber, our sales growth and diversification plans for the next 2-5 years will be assured. Our customers will have additional experienced sales professionals working with our excellent personnel to serve their needs.”

Elk River Minnesota, April 27, 2005

E & O Tool & Plastics Inc. announces the establishment of a 21,000 sq. ft injection molding facility in the Monterrey area of Mexico.

Continued growth of our customer base necessitates adding a molding operation in Mexico . The Monterrey facility will initially be a 5 press operation; however the plant size and layout allows for a significant increase in capacity as new work is added. Initially E & O will employ 20 workers and will operate 24 hours a day, 6 days a week.

Company President Tim Osterman explains; “The expansion to Monterrey is the beginning of the next phase of growth for our company. Our partnership with a key customer offered us the opportunity to expand our relationship with them, outside the U.S. Our decision to locate in the Monterrey area, 140 miles south of Laredo , TX , was based on the availability of a large, well-educated workforce, a developed infrastructure, and proximity to our customers operation. We are very excited and are moving full steam ahead!  We expect to be fully operational by August 1, 2005 .”

Elk River Minnesota, May 3, 2005

E & O Tool & Plastics Inc. announces the purchase of 3 additional injection molding poresses to support growth plans at their Elk River molding facility. Continued growth with their current customer base in Minnesota , has meant considerable investment in equipment.

Continued growth with our current customer base in Minnesota has necessitated adding 3 injection presses and several pick & place robots. The Elk River , Minnesota custom molder has purchased 500, 390, and 250 ton presses. In addition to support their drive to achieve lean molding initiatives, automated pick and place robots have been purchased for the new presses.