Progressive Tool and Die

What Progressive Tool and Die does

Progressive Tool and Die, Inc. is a precision machining and tooling services company founded in 1984 and headquartered at 13693 Broadway Drive, Suite A, Meadville, Pennsylvania. The company manufactures custom machined parts and tooling for industrial manufacturers across horizontal sectors, offering four core service lines: surface grinding (tolerances to ±.00005 inches on Okamoto equipment), wire EDM (two Fanuc 1C machines with Esprit CAM), EDM machining (Makino EDGE 2 RAM EDM with 16-tool ATC plus small hole burning from .0095 ±.0003), and CNC milling (Doosan DNM 4500 with Tsudakoma 4th axis). All work is performed against customer prints to tight tolerances, with a multi-stage inspection process (incoming, in-process, final) and protective coating plus documentation on every shipment.

The business operates on a project-by-project basis via a request-for-quote (RFQ) sales model, with pricing determined per engagement based on complexity, tolerance, and volume. Customers submit specifications, company details, and part files through the company website; no self-serve, e-commerce, or marketplace channels exist. Services span prototype tooling, production tooling, spare part stocking for rapid shipment, and tooling re-works, positioned to customers seeking improvements in production volume, labor cost, part quality, and rejection rates.

The company is a privately held Pennsylvania corporation with 11-50 employees, a single facility, and no disclosed institutional ownership, subsidiaries, or M&A activity. There are no patents, certifications, named customer logos, or third-party awards referenced in the source data, and no AI/ML, API, or digital platform capabilities are evident beyond a basic website and RFQ intake form.

Name

Progressive Tool and Die

Legal name

Progressive Tool & Die, Inc.

Website

https://pro-td.com

Company type

Private

Founded year

1984

Operating status

Operating

Headcount range

11–50 employees

Short description

Progressive Tool and Die is a Meadville, Pennsylvania precision machining and tooling job shop founded in 1984, serving industrial manufacturers with surface grinding, wire EDM, RAM EDM, and CNC milling services to tolerances as tight as ±.0001 inches via a project-based RFQ sales model.

Ownership category

akta.pro rank

Headquarters

HQ city

Meadville

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Infrastructure, Supply Chain, Technology or R&D

Revenue model

1. Custom Machined Parts: The company machines parts to customer specifications from their prints. Revenue is generated through one-time manufacturing orders for custom parts, prototype tooling, and spare part tooling. Orders are submitted via RFQ process with pricing determined per-project based on complexity, tolerance requirements, and volume.
2. Prototype and Production Tooling: Custom-engineered tooling services ranging from simple parts to complex tooling and re-works. Services include increasing production, decreasing labor costs, improving part quality, and reducing rejection rates for customers.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Progressive Tool and Die is a precision machining and tooling services provider that machines custom parts to customer prints through surface grinding, wire EDM, EDM machining, and CNC machining, with tolerances as close as ± .0001 in. and surface grinding to ± .00005 in. The firm focuses on rapid turnaround for prototype, production, and spare part tooling for industrial manufacturers, with multi-stage inspection and protective coating on every delivery.

Product overview

Progressive Tool & Die is a precision machining and tooling services provider offering four core service offerings: Surface Grinding, Wire EDM, EDM Machining, and CNC Machining. The company specializes in tight-tolerance machining with capabilities as close as ± .0001 inches, supported by a multi-stage inspection process including incoming, in-process, and final inspection. All parts are delivered with comprehensive documentation and protective coating. The company focuses on rapid turnaround times for prototype tooling and spare part shipments.

Differentiator

Problem solved

Functional benefit

Products and services

• Surface Grinding

Quantifiable outcome

• Tolerances as close as ± .0001 in. for standard work; ± .00005 in. for surface grinding
• +2 more outcomes

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Scale indicators1 record

Recent moves4 records

Expansion highlights3 records

Direct peers

• Protolabs: On-demand digital manufacturing service offering CNC machining, injection molding, 3D printing, and sheet metal fabrication; operates as a scaled, technology-driven version of a traditional precision job shop and is a direct competitor for custom machined parts.
• Xometry: Online marketplace for on-demand manufacturing including CNC machining, 3D printing, and sheet metal; competes for the same custom precision parts demand and provides instant quoting that traditional job shops cannot match.
• Plethora: Precision machining and fabrication services for industrial customers with online quoting; a direct service competitor for machined parts in similar tolerance ranges to Progressive Tool and Die.
• Fictiv: On-demand manufacturing platform connecting customers with vetted manufacturers for CNC machining and other custom parts; offers instant quoting and direct competition for prototype and low-volume precision work.
• Stratasys Direct Manufacturing: Manufacturing services arm of Stratasys offering CNC machining, additive manufacturing, and rapid prototyping for industrial customers; a direct competitor for custom precision parts and prototyping work.
• Hubs: Online manufacturing service (now part of Protolabs) offering CNC machining, 3D printing, and injection molding with instant quoting; competes directly for prototyping and custom machined parts in the same customer segment.

Others

• Sandvik Coromant: Cutting tool manufacturer and part of Sandvik; an ecosystem supplier providing metalworking tooling, inserts, and solutions to precision machining shops.
• Kennametal: Cutting tool manufacturer serving the metalworking industry; an ecosystem supplier rather than a direct competitor, providing tooling consumables used by precision machining shops like Progressive Tool and Die.

Emerging players

• Markforged: Manufacturer of industrial 3D printers for metal and composite parts; an emerging player in distributed precision manufacturing with overlapping customer demand for custom parts production.

Broad incumbents

• 3D Systems: Larger 3D printing solutions and on-demand manufacturing services provider; offers overlapping capabilities in custom parts production but as part of a broader portfolio including printers, materials, and software.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat2 records

Key risks7 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/100071078221749

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Progressive Tool and Die