Cole Tooling & Stamping

What Cole Tooling & Stamping does

Cole Tooling & Stamping is a third-generation, family-owned contract metal stamper and tool manufacturer headquartered in Ontario, Ohio. Founded in 1933 by Floyd Cole and currently led by Owner & CEO Alan Cole, the company operates eight mechanical presses ranging from 200 to 1,000 tons. Its service set spans metal stamping, tool and die design, robotic welding, machining, deep draw stamping, prototyping, and engineering services, with in-house die design executed in SolidWorks and GibbsCAM for CAM programming. The company is ISO 9001:2015 certified, satisfying the quality system baseline expected by automotive OEM and Tier 1 procurement.

The customer base is concentrated in three industrial verticals: automotive, heavy trucking, and construction, in which Cole functions as a Tier 2/3 supplier producing stamped components, welded subassemblies, and proprietary tooling. The leadership team — Alan Cole (Owner & CEO), Dave Harmon (President), Tim Peterson (Engineering Manager), and Dave Hammer (Sales Manager) — is small and operationally focused, consistent with a mid-market job-shop profile.

The business model is project-based contract manufacturing. Customers furnish part prints and specifications; Cole quotes, designs tooling, validates via PPAP or first-article inspection, and produces parts in production runs. Revenue is generated through piece-price contracts, tooling charges (typically amortized into piece price or paid as one-time NRE), engineering services, and prototyping work. No pricing, customer count, revenue, or headcount is publicly disclosed, and the company website carries a 2011 copyright, limiting digital visibility into current scale, capacity utilization, and book-to-bill trends.

Name

Cole Tooling & Stamping

Legal name

Cole Tool & Die Company

Website

https://coletool.com

Company type

Private

Founded year

1933

Operating status

Operating

Headcount range

11–50 employees

Short description

Cole Tooling & Stamping is a third-generation, family-owned contract metal stamper based in Ontario, Ohio, operating eight presses from 200 to 1,000 tons and serving the automotive, heavy trucking, and construction industries.

Ownership category

akta.pro rank

Product category

Metal Stamping & Tooling

NAICS

Forging and Stamping (3321)

SIC

Metal Forgings & Stampings (3460), Sheet Metal Work (3444)

akta.pro primary industry

Metal Forming & Fabrication Machines (Presses, Bending, Shearing, Stamping) (IMAHADAC)

Keywords

• Metal stamping services
• Tool and die manufacturing
• Progressive die stamping
• CNC machining services
• Heavy stampings fabrication

Headquarters

HQ city

Mansfield

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Metal Stamping Parts Manufacturing: Custom metal stamping production for automotive, heavy trucking, and construction industries. Revenue generated through production of custom metal stampings, tooling design/build, and related manufacturing services. Job-shop style manufacturing with quote-based pricing for custom projects.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Cole Tooling & Stamping is a contract metal stamping and tool & die manufacturer producing heavy metal stampings, assemblies, and custom dies for the automotive, heavy trucking, and construction industries. It runs eight presses from 200 to 1,000 tons performing progressive, transfer, hand, tong, blanking, and deep draw die work, with material thickness from .020" to .380" and coil width up to 53". The company offers in-house die design and engineering (SolidWorks CAD/GibbsCAM), CNC machining (mills, lathe, wire EDM), robotic TIG/MIG and spot welding, assembly, on-site parts washing, prototyping, and PPAP-supported quality assurance with CMM inspection.

Product overview

Cole Tooling & Stamping is a family-owned metal stamping and tooling company offering an integrated suite of manufacturing services. The core offerings include Metal Stamping (progressive, transfer, blanking, and deep draw dies with presses from 200-1,000 tons), Engineering Services (in-house die design using SolidWorks and GibbsCAM), Quality Assurance (ISO 9001:2015 certified), Robotic Welding (TIG/MIG and spot welding), and Machining & Tooling (CNC mills, lathes, wire EDM). The company specializes in complex, challenging stampings for the automotive, heavy trucking, construction, appliance, aircraft, electronic, military, farm, and heavy equipment industries. Die production and stamping are the primary focus areas, with complete design-to-production capability.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• Die designs completed in 3D
• +1 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Scale indicators5 records

Recent moves6 records

Expansion highlights3 records

Broad incumbents

• Magna International: Largest North American automotive stamping and metalforming supplier with extensive body-in-white and chassis capabilities — a broad incumbent defining the competitive landscape Cole operates within for automotive tier-1 stamping work.
• Martinrea International: Global automotive metal forming and stamping supplier with operations across NA producing body structures, chassis, and engineered products — a broad incumbent with overlapping automotive stamping capabilities at materially greater scale.
• Shiloh Industries: Large publicly-traded supplier of lightweighting, noise and vibration, and stamped body solutions to automotive OEMs — a broad incumbent in automotive metal stamping whose products overlap Cole's automotive work but at much larger scale.

Direct peers

• Production Stamping Corporation: Midwest contract metal stamper offering progressive dies, transfer dies, and assembly services — a close direct peer in stamping services with similar equipment-led, B2B manufacturer-to-OEM go-to-market.
• Marco Manufacturing: US contract manufacturer offering metal stamping, fabrication, and assembly services to industrial customers — closely comparable in integrated services model and mid-market scale.
• Kenmode Tool & Engineering: Illinois-based precision metal stamper with in-house die design, tool & die build, and progressive/transfer stamping serving automotive and industrial customers — directly comparable in capability mix and customer verticals.
• Manor Tool & Manufacturing: Midwest US contract metal stamper offering progressive, transfer, and deep draw stamping with in-house tooling, die design, and assembly — directly comparable to Cole's integrated stamping-plus-secondary-services model.
• Clow Stamping Company: Ohio-based contract metal stamper with progressive, transfer, and deep draw capabilities serving automotive and industrial OEMs — directly comparable as a regional heavy-tonnage stamping peer with overlapping Midwest footprint.
• Quality Stamping & Manufacturing: US contract metal stamper offering progressive and transfer die stamping, tooling, and assembly — directly comparable mid-market peer serving similar automotive and industrial customers.
• Kapco Manufacturing: Midwest metal stamping and assembly supplier serving automotive, heavy truck, and industrial OEMs with progressive and transfer dies — a direct peer in stamping services and end-market mix, though typically at larger scale.

Market position

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights5 records

Customer concentration

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

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 Cole Tooling & Stamping