January 30, 2017

 

Dear Friends,

Teamvantage and Custom Mold & Design are pleased to announce the addition of a third company to our corporate family.  We have purchased a company called Paradigme Engineering, LLC.  The sale became official on January 03, 2017.

Paradigme brings a new level of technological expertise and expanded capabilities for the tooling side of our business.  We are now even better prepared to provide a variety of solutions to solve your difficult manufacturing challenges.  Paradigme is a best-in-class mold design and manufacturing company with 11 employees and a 13,500 square foot facility located in Becker, Minnesota.  With this addition, we can provide you with full part design, mold design and mold manufacturing support whether you need a prototype mold, bridge tool, low cavitation / high cavitation tooling solutions, and/or mold maintenance services.  We can deliver this support for micro molded parts all the way up to large format molding. 

Our three companies are ready and available to provide our unique brand of collaboration, by working directly with our customers, to find the ultimate solution for their manufacturing needs.  Whether you require molds for thermoplastic, elastomeric, silicone, MIM, ceramic or rubber materials, our cross functional team of experts can help you find the best technology based solution and assist you in bringing your product on line in the least amount of time.

If you prefer to outsource your molding needs, Teamvantage is a best-in-class molder and contract manufacturer for thermoplastic, elastomers and silicone materials.  In addition, Custom Mold & Design is fully positioned to provide you with low, medium and high volume machined components, assemblies, jigs and fixtures through our CMD Express parts division.

Another significant benefit to our organization and our customers is that former Paradigme owner, Jon Palmquist, is joining our corporate technology team to provide collaborative technical support and direction to assist in applying the latest technological innovations in support of our customer’s needs. The new addition of Paradigme makes us a completely integrated one stop shop for your prototype, low and high volume production needs.

                                                                                                                          

 

Custom Mold & Design in MoldMaking Technology

Custom Mold & Design (CMD) is proud to be featured on the cover of the May issue of MoldMaking Technology.  In the feature article, we discuss how we are "raising the bar" in mold and complex machined component manufacturing with our top-of-the-line equipment.

Click here to download a PDF of the article.  To read the article online visit MoldMaking Technology.

Custom Mold & Design in Manufacturing Today Magazine

Custom Mold & Design is thrilled to be featured in the current issue of Manufacturing Today Magazine.  Click the link below to read about Custom Mold & Design's investment in equipment and technology, including the addition of additive manufacturing for conformal cooling.

Click here to download a PDF of the article.  To read the article online visit https://bit.ly/2Y17BB8.

Custom Mold & Design in Additive Manufacturing Feature Article

Custom Mold & Design is excited to be featured in an upcoming issue of Additive Manufacturing.  Click the link below to learn about Custom Mold & Design's experience with conformal cooling and additive technology.

Click here to download a PDF of the article.  To read the article online visit Additive Manufacturing's blog.

Teamvantage, Custom Mold & Design and Paradigme Engineering acquired by Graham Partners, Inc.

 

FOREST LAKE, November 2, 2020 - We are pleased to announce that Minnesota based New Team LLC, the holding company of Teamvantage, Custom Mold & Design (CMD) and Paradigme Engineering, has joined forces with Graham Partners, Inc.

We are excited to grow our business through this strategic partnership. Going forward, we will continue to provide our brand of best-in-class service supported by the latest advancements in technology and equipment. Our existing management teams will continue to lead the charge for all day-to-day operations just like we have in the past. Graham Partners will provide operational resources and financial backing to foster our strong growth trajectory as we continue to build the business into a premier, vertically integrated manufacturing solution.

Teamvantage, Custom Mold & Design and Paradigme Engineering owner Ray Newkirk, said “Graham is the perfect strategic fit for New Team due to their network of industry relationships, operational expertise and track record of healthcare and defense investing – I'm excited to work alongside Graham Partners while continuing to hold an ownership stake in the company.”

A brief overview of our three companies is as follows:

Teamvantage (www.teamvantage.com) is a full-service contract manufacturer offering expertise in plastic injection molding, micro-molding, silicone molding, machining (metals, plastics, etc.), mold design and fabrication, assembly, testing, decorating, packaging, and more. Serving primarily medical device and defense industry customers, the company is ISO 9001:2015, ISO 13485:2016 and AS9100D certified, registered with the FDA, ITAR registered.

Custom Mold & Design (www.custommold.net) manufactures and designs fully interchangeable, high-precision injection molds including multi-cavity, multi-shot, metal injection, silicone, micro and ceramic molds as well as aluminum die casting molds for a wide range of industries. The company’s CMD – Precision Manufacturing Group division provides ultra-precision machined components and assemblies requiring fine detail.  Custom Mold & Design (CMD) is ISO 9001:2015 and AS9100D certified, a ToolingDocs certified mold maintenance provider and ITAR registered.

Paradigme Engineering (www.paradigme.net) is a premier mold design and fabrication facility that prides itself on providing creative tooling solutions at the lowest total cost. Our unique blend of imaginative engineering and precision fabrication has routinely resulted in the development of some of the most ingenious answers to complex manufacturing challenges for a host of different customers spanning numerous industries.

Our new parent company, Graham Partners (www.grahampartners.net), is a private investment firm located in suburban Philadelphia. Graham Partners invests in technology-driven companies that are spurring innovation in advanced manufacturing, with a particular focus on businesses in the healthcare, aerospace & defense, packaging, consumer & food technology, and industrial technology sectors. They currently manage ~$3.4B in capital.^[1] The firm has access to extensive operating resources and industrial expertise and is a member of The Graham Group, an alliance of independent operating businesses, investment firms and philanthropic entities, which all share in the common legacy of entrepreneur Donald Graham with a heritage that dates back to the 1960s. Additionally, Graham Partners has a longstanding history of investing in plastic processing and metal machining businesses with differentiated and proprietary capabilities like Teamvantage, Custom Mold & Design and Paradigme Engineering.

We look forward to a long and prosperous future as a member of the Graham Partners family of companies.

For additional information contact:

 

^[1] Differs from Regulatory Assets Under Management.

Teamvantage Launches New Parent Company: Velosity

Velosity unifies and represents the entire family of brands and full spectrum of end-to-end solutions

ANAHEIM, Calif. (February 7, 2023) - Teamvantage, an industry leader in state-of-the-art tool design and manufacture, injection molding, precision machining and contract manufacturing for the medical device market for more than 50 years, announced today from MD&M West 2023 the launch of its new parent company, Velosity.

Velosity will now represent the entire family of brands and the full range of services offered under one umbrella, including Teamvantage, MMD Medical, Custom Mold & Design, CMD Precision Manufacturing Group, and Paradigme Engineering.

“As our capabilities and market footprint have grown over the past year, it was the perfect time to align the brand name with the way in which we operate,” said Velosity CEO Dave Hemink. “Although we will have a new name, our mission remains unchanged: to accelerate innovative solutions to our customers, to offer our team members opportunities to succeed, and to enhance the ability for our customers to serve their patients and stakeholders.”

Velosity provides fully integrated, end-to-end solutions to address all aspects of the process, from design support to manufacturing. This unified brand approach helps simplify vertical integration efforts for customers and provides a breadth of expertise and capacity for complex projects.

Velosity continues to provide a comprehensive suite of end-to-end services, including:

• Design support and engineering
• Tool design and manufacture
• Injection molding
• Precision machining including dry Swiss machining
• Quality assurance
• Contract manufacturing
• Finishing and assembly
• Packaging

For more information, visit us at MD&M West booth #2459 or visit www.velosity.com.

About Velosity

Velosity is an industry leader in fully integrated custom contract manufacturing, solving medical device original equipment manufacturer (OEM) customers’ toughest challenges by providing strong problem-solving capabilities to help customers achieve repeatable solutions with a long- standing track record of success. With expertise in state-of-the-art custom contract manufacturing, injection molding, precision machining and tooling, Velosity provides nimble, end-to-end solutions for medical device OEMs that help bring medical devices to market faster and on budget by reducing risks through extensive knowledge and capabilities. For more information, visit www.velosity.com.