Adler Acquired Everything & Mdash; The Business and the Real Estate, Adler Founder and CEO Philipp Gruner Said in An Email.

  

  

  

  

  TERMS WERE Not Disclosed.

  RAPID MOLD FOUNDERS DAMIAN KUZMIN and Scott Borstorff Will Continue to run the Acquired 15,000-Square-Foot Operation, Gruner Said.

  "They did not want to return.

  To that end, The 15 Employees Will Be Retaind and Others Will Be Hired.

  "We’d like to get the headcount closer to 20 people," Gruner Said.

  Rapid Mold’s Engineers, ManuoFacturing Capabilities and Location Just 30 Miles from Shorts Made It An Attractive Investment.

  MOLD Can Also Do Physical Larger Projects Than Shrts Can Do, Which is Benefiting Our Mutums Alream. Both Companies are alream seeing the benefits of workher. "

  Primarily for the Medical, Consumer Goods, Aerospace and Industrial End Markets.

  

  RAPID MOLD Is An Excellent Follow-Up Acquisition and a Third Deal is in the works, accounting to gruner.

  "We Wanted, and Continue to Want, AdDitional Scale in Western Pennsylvania," Thermoplastic Injection Molds He Said.

  And Operated A Supplier of ElectromeChanical Relays Called Kg Technologies Inc. Then solving it in May 2015.

  Kuzmin and Borstorff Said they See the Acquisition as a Pathway forward for rapid mold.

  "Scott and I WANTED A PARTNER that is Committed to our workforce and that will help us take rapid mold to the next level.

  Borstorff thermoplastic Injection Molds Pointd to the Investments and Management Expertise That Rapid Mold Will Gain.

  Thermoplastic Injection Molds "This Will Alow US to Focus on what we do be best enjoy, which I know Will help unpany’s full public," borstorff sAID IN IN