A Comstock Park automotive manufacturer has jumped through all the hoops – qualifying for certifications, training grants, analysis and more – to diversify into aerospace production. The company will compete nationwide for aerospace contracts.
According to excerpts from the story:
Despite a majority of its current business being in automotive, Commercial Tool & Die Inc. is holding its own and now diversifying into the aerospace industry. Annual sales have held at about $22 million for the company and about $28-$30 million for Commercial Tool Group Inc., which includes Commercial Tool & Die and sister companies CG Plastics Inc. and CG Automation & Fixture Inc. Commercial Tool & Die is making an aggressive push into the aerospace industry and has hired a full-time salesperson to pursue aerospace opportunities. Todd Finley, VP at Commercial Tool & Die, said a lot of aerospace work is really well suited for the company's equipment. "We would like (aerospace) to grow to become 25 percent of our business," Finley told MiBiz about the company's three- to five-year plan for entering the aerospace industry.
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