Avantech
Avantech is a privately held CNC machined tool builder and product development firm serving the rotational molding industry, operating 16 CNC machining centers and a cast-aluminum foundry from a 43,000+ sq ft Baxter, Minnesota facility, with enterprise customers across outdoor recreation, agriculture, consumer products, and industrial verticals globally.
- Company typePrivate
- Founded1988
- HeadquartersBaxter, United States
- Headcount51–100
- GTM typeB2B
- OfferingHardware or Manufacturing
What Avantech does
Avantech is a specialty manufacturer and product development firm serving the rotational molding (rotomolding) industry. Founded in 1988 as Lakeland Mold Company in Brainerd, Minnesota, and rebranded to Avantech in 2014 after acquisition by Tom and Ellen Haglin in 2012, the company operates from a 43,000+ square-foot facility on 6.5 acres in Baxter, MN, with an additional 24,000 square feet of Phase 2 space housing pattern creation, prototype development, and a cast-aluminum tooling foundry. It self-describes as North America's largest tool builder for the rotational molding industry.
The company's core technology platform is built around 16 dedicated CNC machining centers, including two large Mighty Viper bridge-style machines capable of handling 44,000-pound aluminum billets with 162 x 122 x 43 inch axis dimensions, enabling production of some of the largest rotomolding tools in the world. Its product portfolio comprises three core services — CNC Machine Tooling (custom aluminum and cast-aluminum tool manufacturing), Product Development (single-source design from concept through delivery), and Tool Revision & Refurbishment (tool repair and optimization) — supplemented by a transactional Parts Catalog of more than 42 SKUs across air management, clamping, date management, mold maintenance, and mounting categories. Proprietary process elements include the "Think. Create. Advance." three-phase development methodology, gas transfer systems, TV-2000 high-performance air amplifiers, and date code wheels.
Avantech's business model combines enterprise direct sales (account managers Joe Kroll and Scott Gutierrez, sales engineering under Jeff Herwig) for custom, quote-based tooling projects with multi-year contract terms, alongside an e-commerce parts catalog with unit pricing from $0.25 to $635. Customers span at least seven end-verticals including rotomolders themselves (Donaldson, Redline Plastics, Centro, Elkhart Plastics, Solar Plastics, Myers Industries), outdoor recreation (Johnson Outdoors, Corcl, Spincraft/ProLocker), consumer products (Tenjam, Play Power), floor care (Pacific Floorcare), furniture (KI, Dutchland Plastics), and portable sanitation/healthcare (PolyJohn, Seljan). The company is ISO 9001:2015 certified, won three consecutive ARM Product of the Year Tooling awards (2015-2017), and is privately held by the Haglin family with sister companies LINDAR and Tri-Ven.
Avantech firmographics
Firmographics- Name
- Avantech
- Legal name
- Avantech Corporation
- Website
- https://avantech.com
- Company type
- Private
- Founded year
- 1988
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Avantech is a privately held CNC machined tool builder and product development firm serving the rotational molding industry, operating 16 CNC machining centers and a cast-aluminum foundry from a 43,000+ sq ft Baxter, Minnesota facility, with enterprise customers across outdoor recreation, agriculture, consumer products, and industrial verticals globally.
- Ownership category
- akta.pro rank
Avantech industry classification
Industry- Product category
- Rotational molding tooling and contract manufacturing
- NAICS
- Industrial Mold Manufacturing (333511), Metalworking Machinery Manufacturing (33351)
- SIC
- Metalworkg Machinery & Equipment (3540), Machine Tools, Metal Cutting Types (3541)
- akta.pro primary industry
- Thermoforming Tooling, Mold & Die Manufacturing (IMANAHAJ)
- akta.pro secondary industries
- CNC Machine Tools (Turning, Milling, Machining Centers) (IMAHADAA), Motion Control Controllers & CNC/Robot Drives (Motion Controllers, Multi-axis) (IMAGACAH)
Keywords
Where Avantech is headquartered
LocationHeadquarters
- HQ city
- Baxter
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Avantech business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Personnel, Technology or R&D, Infrastructure, Supply Chain, Operations, Marketing or Sales
Revenue model
- Custom CNC Tooling Manufacturing: Design, development, and manufacturing of custom CNC machined aluminum and cast aluminum tools for the rotational molding industry. Projects of all sizes and complexity delivered globally.
- Parts Catalog Sales: Direct sales of rotomolding parts and components including gas transfer systems, date code wheels, clamping mechanisms, mold maintenance items, and mounting equipment. Unit pricing from $0.25 to $635 per item.
- Product Development Services: Single-source product development services engaging at conceptual stage through design, development, and tooling delivery for rotational molding.
- Tool Revision & Refurbishment: Tool repair and refurbishment services including analysis, development, and optimization to extend tooling longevity and optimize ROI.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Standard rotomolding parts with fixed unit pricing |
| Other | Pay-as-you-go | CNC Setup Machinist position |
| Other | Multi-year contract | Custom tooling and product development |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels6 records
Avantech product offering
Product offeringCore offering
Avantech designs, engineers, and manufactures CNC machined and cast aluminum tooling for the rotational molding industry, operating 16 dedicated CNC machining centers from a 43,000+ square foot facility in Baxter, Minnesota. The company also provides single-source product development services (concept through manufacturing) and tool revision and refurbishment, supplemented by an online parts catalog of rotomolding components such as gas transfer systems, date code wheels, clamping mechanisms, and mounting hardware.
Product overview
Avantech is a CNC machined tool builder and single-source product designer and developer for the rotational molding industry, offering a portfolio of core services and supplementary product lines. The core offerings include CNC Machine Tooling (manufacturing rotational molding tools via CNC machining with 16 dedicated machining centers), Product Development (full-service design from concept to production), and Tool Revision & Refurbishment (repair and optimization services). Supporting the core services is a Parts Catalog containing Air Management components (gas transfer systems, air amplifiers, nozzles), Clamping Mechanisms (De-Sta-Co clamps, J-bolts, bolts and receivers), Date Management products (date code wheels, arrow pegs), Mold Maintenance items (dowels, springs), and Mounting hardware (plates, brackets) - all specialized components for the rotomolding manufacturing process.
Differentiator
Problem solved
Functional benefit
Companies that use Avantech
Customer profileNamed customers19 records
Segments6 records
Ideal customer profiles2 records
Avantech technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
Avantech partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and minor.
- LINDARcoreSister company under same ownership (Tom Haglin and wife Ellen). Part of the Avantech family of companies. Marketing contact uses @lindarcorp.com email domain. Avantech is affiliated with LINDAR, allowing comprehensive service offerings and employee development opportunities across the manufacturing group.
- Tri-VencoreSister company under same ownership. Part of the Avantech family of manufacturing companies. Job opportunities shared across Avantech, LINDAR, and Tri-Ven for employees seeking career advancement.
- Association of Rotational Molders (ARM)coreAvantech is an active member participating in ARM committees, events, and initiatives. Tom Innis serves on the board of directors. Company participates in ARM conferences and Rotoplas events. Partnership on Roto Made Local initiative to promote rotational molding among industrial designers.
- Society of Plastic Engineers (SPE) Rotational Molding DivisioncoreActive member and participant in SPE Rotational Molding Division events and initiatives. Tom Innis serves on the board of directors. Company participates in SPE TopCon conferences and student design competitions.
- Milwaukee Institute of Art & Design (MIAD)minorEducational partnership engaging industrial design students with rotational molding industry. Tom Innis presents to students about rotomolding as viable manufacturing process. Students participate in annual design competitions for rotational molding.
Scale indicators6 records
Recent moves9 records
Expansion highlights5 records
Avantech competitors and assessment
Company assessmentRegional players
- Starlinger: Austrian manufacturer of plastics processing machinery (woven sack, recycling, and PET). Operates in plastics processing equipment like Avantech's customers do, but on a separate geography and equipment category.
Others
- Coperion: Specializes in compounding, extrusion, and material handling equipment for plastics and polymer processing. Adjacent to Avantech in serving plastics manufacturers, but focused on production-line equipment rather than molds.
Direct peers
- Persimmon Technologies: Industrial services and contract manufacturing organization serving customers in rotational molding-adjacent tooling and product development; comparable mid-market scale and rotational molding market overlap with Avantech.
- Roto Solutions Group: Combines Ferry Industries and McNeil Akron into a North American rotational molding machinery and mold supplier serving the same customer set (rotomolders) that Avantech supplies with molds and tooling. Directly comparable in rotomolding-specific tooling scope.
Broad incumbents
- Wittmann Group: Austria-based plastics processing equipment and mold technology supplier (Wittmann Battenfeld, Wittmann Robot). Overlaps with Avantech in industrial plastics tooling; broader in robots, auxiliaries, and injection molding machines.
- ENGEL Holding: Global injection molding machinery and tooling solutions provider. Similar in being a large-scale plastics industrial equipment manufacturer serving manufacturers of plastics parts.
- Mold-Masters: Husky-owned global hot runner and plastics mold manufacturer. Broader and deeper plastics tooling portfolio than Avantech, but operates in the same industrial mold-manufacturing category serving plastics processing customers.
- Husky Technologies: Global leader in injection molding equipment, hot runners, and molds. Comparable as a major plastics tooling and equipment manufacturer, though focused on injection molding rather than rotational molding-specific tooling.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Avantech social profiles
Digital presenceAvantech compliance and trust
Trust signalCompliance1 record
Avantech financial estimates
Financial estimateRevenue estimate
Valuation estimate
Avantech leadership team
Management profileNumber of profiles
Profiles9 records
Avantech funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Avantech M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Avantech
What does Avantech do?
Avantech designs, engineers, and manufactures CNC machined and cast aluminum tooling for the rotational molding industry, operating 16 dedicated CNC machining centers from a 43,000+ square foot facility in Baxter, Minnesota. The company also provides single-source product development services (concept through manufacturing) and tool revision and refurbishment, supplemented by an online parts catalog of rotomolding components such as gas transfer systems, date code wheels, clamping mechanisms, and mounting hardware.
Is Avantech a public or private company?
Avantech is a private company. It is classified as family owned and is currently operating.
When was Avantech founded?
Avantech was founded in 1988. It employs 51 to 100 people.
Where is Avantech based?
Avantech is headquartered in Baxter, United States, in the North America region.
How does Avantech make money?
Four revenue lines are on record. Custom CNC Tooling Manufacturing is the primary driver. The others are parts Catalog Sales, product Development Services and tool Revision & Refurbishment.
Who are Avantech's main competitors?
Starlinger is listed as a regional player. Coperion is listed as an others. Direct peers are Persimmon Technologies and Roto Solutions Group. Broad incumbents are Wittmann Group, ENGEL Holding, Mold-Masters and Husky Technologies.
Does Avantech have an API?
No public API is recorded for Avantech.
What industry is Avantech in?
Avantech's product category is Rotational molding tooling and contract manufacturing. Its primary akta.pro industry code is IMANAHAJ, Thermoforming Tooling, Mold & Die Manufacturing, with a secondary code of IMAHADAA, CNC Machine Tools (Turning, Milling, Machining Centers). Its NAICS code is 333511 and its SIC code is 3540.