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2005 and 2008 ) Summit Molds Synergetic M2M Group Tech Mold Tech Tool & Mold Inc. They include representatives from mid- to large-size OEMs and molding companies in the automotive, medical, packaging, consumergoods, appliances and electronics industries. Minco Tool and Mold Mold Craft Mold-Tech Inc.
Most mold customers hail from the automotive and consumergoods markets, but the company also makes tooling for the aerospace and medical segments. Most molded products are for consumergoods customers. In 2008, Cimatron merged with CNC machining software provider Gibbs and Assoc.
While these two trends are common across many industries, perhaps nowhere are they more pronounced than in the automotive industry. Beyond the automotive industry, even the most basic household appliances are now wireless and connected. New companies may have limited resources and expertise necessary to overcome hurdles that may arise.
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