Our History


Mate Precision Technologies was founded in 1962 in Minneapolis, Minnesota, as the Mate Punch and Die Co. We started as a specialist in the design, manufacture and marketing of punch press tooling. Initially, we operated only locally, but saw the need for national punch press tooling specialist. In 1967, Mate began increasing our presence across the United States. As our success continued, we expanded internationally, starting with operations in England and Germany.

During this time, we also expanded our product line well beyond punches and dies, including the development of other tooling styles and the punch press multi-tool. To better describe Mate and our product lines to the market, we changed our name to Mate Precision Tooling in 1996. As Mate continued to grow, we began looking ahead for new ways to serve our customers. In 2020, we changed our name to Mate Precision Technologies to reflect our broader commitment to metalworking and using our expertise to drive innovations to shape the future of factory productivity.

1962 Mate Punch and Die Co. is founded at 2201 Washington Avenue North, Minneapolis, sharing the facilities with Twin City Manufacturing. After one year, Mate has three full-time employees.
1966 Mate moves to 240 22nd Avenue North, Minneapolis.
1967 Mate publishes a punch press tooling catalog with the idea of expanding sales nationwide.
1971 After a very successful national expansion, Mate moves to a 12,500 square foot building in Ramsey, Minnesota.
1974 Mate doubles its size to 25,000 square feet.
1978 Mate doubles again, expanding to 50,000 square feet .
1984 Mate builds the first of many integrated manufacturing cells.
1985 Mate develops an advanced tooling system for Prima Power punch presses known as Nova®.
1986 Develops Marathon®, an advanced tooling system for Murata Wiedemann punch presses.
1990 Opens Western Europe sales office.
1991 Expands to over 100,000 square feet, eight times the original size of the Ramsey location.
1995 Develops Ultra®, an advanced tooling system for thick turret punch presses.
1998 Opens Asia sales office.
2000 Mate moves to 1295 Lund Boulevard, Anoka, Minnesota. At nearly 300,000 square feet, this new location is the largest of its kind and dedicated to the manufacture of precision tooling for CNC punch presses.
2001 Launches Mate Laser Technologies to expand its product line to include laser optics, nozzles and consumable accessories for laser cutting machines.
2004 Opens China sales office.
2008 Opens Central Europe sales office.
2009 Earns the Manufacture of the Year award from the Manufacturers’ Alliance.
2010 Launches the Ultra IMT™ fully indexable multi tool.
2012 Opens India sales office.
2013 Introduces the Premia™ sharpening system for easy sharpening of all tooling styles.
2014 Mate develops a full line of press brake tooling.
2015 Opens Middle East sales office.
2016 Introduces Ultra QCT™, an innovative quick change thick turret tooling system.
2017 Introduces American Precision Style press brake tooling with the innovative Maglock® magnetic safety system.
2018 Mate expands its successful quick-change tooling system to include AMX QCT™ and MXC QCT™.
2020 Changes corporate name to Mate Precision Technologies to reflect our broader commitment to metalworking and using our expertise to drive innovations to shape the future of factory productivity.