What Ready Technology does

Ready Technology, Inc. is a Dayton, Ohio-based manufacturer of precision die components serving the metal stamping, plastic injection molding, and automation industries. The company operates through two divisions in Dayton: the READY Bender Division (333 Progress Road), home of the Original READY Benders rotary motion forming tools, and the Standard Die Supply Division (630 Kiser Street), which manufactures and distributes the broader READY product line including SuperSprings die springs, DESIGN-TITE nitrogen gas springs, CAMDRIVE cam units, SinterLube self-lubricating bushings, guide pins, bushings, and die sets. Manufacturing processes include CNC coiling and grinding, vacuum degassed valve spring quality alloy steel forming, sintered bronze bonding, precision heat treating, and shot peening, with patented techniques protecting key product franchises such as SuperSprings D-Shape wire geometry and the SinterLube alloy bushing microstructure. Both divisions are ISO 9001 certified.

The company monetizes through a hybrid go-to-market model combining direct field sales by an outside sales team of tooling professionals, a 24/7 B2B e-commerce portal (enhanced May 2024 with Express Order and manufacturer part cross-reference search) serving registered customers with online pricing and saved cart functionality, a US distributor locator network searchable up to 500 miles, and a Request-for-Quotation workflow for custom and engineered components. Pricing is unit-based for standard catalog SKUs and quote-based for custom machining, READY Bender specials, and bespoke die sets, with test-bending services offered at approximately $300 per test. Ready Technology also distributes complementary products from ten partner manufacturers (including Acrotech, Penn United, Pivot Precision, RapidAir, UniPunch, and Reid Supply), positioning the business as a single-source supplier for die component needs.

Ready Technology is the North American arm of a worldwide Danly-affiliated network of factories and branch offices spanning the United Kingdom, France, Germany, Belgium, Sweden, India, and Singapore, providing international reach into European and Asia-Pacific markets. The customer base spans metal stamping, automotive, aerospace, HVAC, appliance manufacturing, and plastic molding verticals, served by an organization of 11-50 employees. The company is privately held, founded in 1981, and operates with no disclosed external institutional investment or PE/VC backing.

Name

Ready Technology

Legal name

Ready Technology, Inc.

Website

https://readytechnology.com

Company type

Private

Founded year

1981

Operating status

Operating

Headcount range

11–50 employees

Short description

Ready Technology is a Dayton, Ohio-based manufacturer of precision die components—including READY Benders, SuperSprings, nitrogen gas springs, SinterLube bushings, and cam units—serving metal stamping, plastic molding, and automation customers across North America and a global Danly-affiliated network.

Ownership category

akta.pro rank

Headquarters

HQ city

Dayton

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Die Component Products: Ready Technology generates revenue through the sale of precision die components including SuperSprings, nitrogen gas springs, READY Benders, cam units, guide pins, bushings, and die sets. Products are sold through direct sales team, online e-commerce catalog, and distributor network. Standard in-stock items ship in 1-2 days with custom/quoted products following separate pricing.
2. Custom Machining Services: The company offers custom machining services including vertical and horizontal CNC milling, radial drilling, thermal burn table cutting, and press brake forming for custom die sets and components. Revenue generated from these precision manufacturing services.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels8 records

Core offering

Ready Technology manufactures and supplies precision die components for the metal stamping, plastic mold, and automation industries. Its product line includes READY Benders rotary benders, SuperSprings ISO die springs, DESIGN-TITE nitrogen gas springs, CAMDRIVE cam units, SinterLube self-lubricating bushings, guide pins and bushings with Selective Fit system, and standard/custom die sets. The company also offers custom machining services and distributes complementary products from partner manufacturers.

Product overview

Ready Technology is a manufacturer and supplier of precision die components for the metal stamping, plastic injection mold, and automation industries. The product portfolio centers on READY-branded products including READY Benders® (rotary benders for metal bending), SuperSprings® (ISO-standard metal coil die springs in four load classes), DESIGN-TITE® Nitrogen Gas Springs (high-force gas springs in multiple series), CAMDRIVE® Cam Units (mechanical, roller, and hydraulic cams), SinterLube® (self-lubricating bushings), and Guiding Elements (guide pins and bushings with Selective Fit™ system). The company also offers Die Sets and Custom Machining services, and distributes complementary products from partner manufacturers. Products are available through online ordering, request for quotation, and an international distributor network.

Differentiator

Problem solved

Functional benefit

Brands

• READY Benders®: Original rotary motion forming tool for precise metal bending with consistent part angle tolerances
• SuperSprings®
• SinterLube®
• CAMDRIVE®
• DESIGN-TITE®
• Selective Fit™

Products and services

• READY Benders® Original rotary motion forming tool providing precise rotary forming motion for consistent bends during high production volume. Standard 90° bend models in-stock with many custom options available for various bending applications.
• SuperSprings® Over 400 ISO die springs in four color-coded load variations (light/green, medium/blue, heavy/red, extra heavy/yellow). Made from vacuum degassed valve spring quality alloy steel with trapezoidal wire that changes to D-cross section during coiling for extended service life.
• DESIGN-TITE® Nitrogen Gas Springs High-force nitrogen gas springs available in multiple series (BE, CE, LE, SE, PE, M, T, H, R) for die set applications. One gas spring can replace up to 10 traditional mechanical springs with consistent force over the entire stroke length.
• CAMDRIVE® Cam Units Mechanical, roller, and hydraulic cam units for transferring vertical ram motion into horizontal motion for piercing, forming, or flanging operations. Includes SuperSpring die spring return for mechanical cams and Design-Tite gas spring return for roller cams.
• Guiding Elements (Guide Pins and Bushings) Guide pins and bushings for dies and molds, available in both metric and inch sizes. Includes plain bearing and ball bearing options with Selective Fit™ color-coded matching system for proper running clearance.
• Die Sets and Custom Machining Services Full line of standard and custom die sets in two- and four-post configurations, including aluminum options. Custom machining services include vertical/horizontal CNC milling, radial drilling, thermal burn table cutting, and press brake forming.
• SinterLube® Alloy Bushings Self-lubricating bushings requiring no lubrication during production while maintaining initial geometry through millions of press cycles. Patented sintered bronze and alloy lining provides wear resistance and consistent tolerances.

Quantifiable outcome

• SuperSprings B10 life of 333,139 cycles vs Raymond 152,159 cycles (119% longer) and Danly 117,706 cycles (183% longer)
• +4 more outcomes

Named customers6 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

17 partnerships are on record, tiered minor.

• Danly UKminorStrategic or Co-development PartnerInternational partner in the United Kingdom, part of the worldwide network of factories and branch offices providing quality components to the global metal stamping industry.
• Danly FranceminorStrategic or Co-development PartnerInternational partner in France, part of the worldwide network of factories and branch offices.
• Danly Deutschland (Germany)minorStrategic or Co-development PartnerInternational partner in Germany, part of the worldwide network.
• Danly Europe (Belgium)minorStrategic or Co-development PartnerInternational partner in Belgium serving Europe, part of the worldwide network.
• Danly IndiaminorStrategic or Co-development PartnerInternational partner in India, part of the worldwide network.
• Danly Scandinavia RingabminorStrategic or Co-development PartnerInternational partner in Scandinavia, part of the worldwide network.
• Danly SingaporeminorStrategic or Co-development PartnerInternational partner in Singapore serving Asia Pacific region, part of the worldwide network.
• AcrotechminorChannel Partner/ Reseller/ DistributorComplementary product partner supplying urethane sheets, rods, strippers, V-die forming tools and roll bending machines.
• AmcorminorChannel Partner/ Reseller/ DistributorComplementary product partner supplying spool retainers, stock pushers, stock lifters, grip buttons, positioners and stops.
• Associated Raymond SpringminorChannel Partner/ Reseller/ DistributorComplementary product partner supplying full range of specialty springs including compression, torsion and extension.
• Penn UnitedminorChannel Partner/ Reseller/ DistributorComplementary product partner supplying tungsten and silicon carbide tooling, EDM inserts, custom and stock punches & dies.
• Pivot PrecisionminorChannel Partner/ Reseller/ DistributorComplementary product partner supplying complete line of standard punches and die buttons in metric and inch, custom retainers and blade punches.
• RapidAirminorChannel Partner/ Reseller/ DistributorComplementary product partner supplying feeding equipment (servo feed and air feeds), straighteners, reels, scrap choppers.
• Reid SupplyminorChannel Partner/ Reseller/ DistributorComplementary product partner supplying clamps and work holding solutions, hoist rings, jig and fixture components.
• Royal Diversified ProductsminorChannel Partner/ Reseller/ DistributorComplementary product partner supplying core pins, perforator and ejector punches for dies and molds.
• TecapresminorChannel Partner/ Reseller/ DistributorComplementary product partner supplying gas spring lifters, plungers, punching units and pneumatic part conveyors.
• UniPunchminorChannel Partner/ Reseller/ DistributorComplementary product partner supplying modular C-Frame press tooling for hole punching operations.

Scale indicators5 records

Recent moves5 records

Expansion highlights5 records

Others

• Danly: Danly is the international parent network of which Ready Technology is the North American operation. While structurally related, Danly-branded entities in Europe and Asia sell overlapping die components in their respective geographies, making them both partners and adjacent competitors.
• Penn United: Penn United is a contract manufacturer producing tungsten and silicon carbide tooling, EDM inserts, and custom punches and dies. It is a channel partner of Ready Technology while also serving as an adjacent supplier of competing die and tooling products.

Broad incumbents

• Misumi USA: Misumi is a large industrial component platform offering configurable and standard components including die springs, guide pins, and bushings. While broader in scope than Ready Technology, it overlaps significantly in the precision die-component category and competes for the same stamping customers via e-commerce.
• MSC Industrial Direct: MSC Industrial Direct is one of the largest metalworking and industrial supply distributors in North America. While it does not manufacture proprietary die components, it stocks competing brands and serves overlapping stamping and metalworking customers.

Direct peers

• Punch Industries: Punch Industries manufactures precision punches, die buttons, and related tooling consumables for the metal stamping industry. It serves overlapping stamping customers with comparable product categories to Ready Technology's catalog.
• Dayton Progress: Dayton Progress is a leading manufacturer of die components for metal stamping including punches, die buttons, guide pins, bushings, and die springs. It is the most direct competitor to Ready Technology, serving the same automotive, appliance, and general stamping customers with overlapping catalog products.
• Mate Precision Technologies: Mate Precision Technologies manufactures tooling components for sheet metal fabrication including punches, die buttons, and guide components. It directly competes with Ready Technology in stamping and metal forming tooling for industrial customers.
• Lamina Technology: Lamina Technology produces die components such as guide pins, bushings, and wear parts for stamping dies. It operates in the same precision die-component niche as Ready Technology, supplying metal stampers with comparable catalog products.
• National Die & Button: National Die & Button manufactures precision die components including urethane, springs, punches, and related tooling for metal stamping operations. It directly competes with Ready Technology across the same die-component categories and serves a comparable stamping-industry customer base.
• Stilson Products: Stilson Products supplies die components, cam units, and stamping accessories to metal stamping operations. It is a direct competitor in the same precision die-component market segments that Ready Technology serves.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/ready-technology-inc.

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries2 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 Ready Technology