Reich Tool & Design Inc.
Menomonee Falls
Industry: Manufacturing
Founded: 1965
Projected 2017 revenue: $12 million
Reich Tool & Design is a second-generation family-owned business based in Menomonee Falls. The company is a certified industry leader in supplying precision stamping dies, custom-machined components and critical assemblies to Fortune 500 OEMs and small to mid-sized companies throughout the country.
Reich was founded on conservative Christian values and has been producing complex metal stamping dies for more than 50 years.
The company also provides contract machining services and cleanroom ultrasonic washing, passivation assembly and packaging services for the medical device and aerospace industries.
Reich has experienced growth by adopting additive manufacturing techniques, utilizing more lean methodologies and adding more automation to its existing machines.
The company is exploring possible acquisitions in the market as a way to continue to further its growth, and also sees more opportunity in the medical device and aerospace industries.
Where is the opportunity?
“Fortunately, we are blessed with opportunity in all areas of our company. However, with our expansion of the latest technologies and equipment, the medical device and aerospace industries seem to be some of the best.”