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.
|Mate is founded at 2201 Washington Avenue North, Minneapolis, sharing the facilities with Twin City Manufacturing. After one year, Mate has three full-time employees.
|Mate moves to 240 22nd Avenue North, Minneapolis.
|Mate publishes a catalog specifically for punch press tooling, with the idea of expanding nationwide.
|After a special nationwide expansion, Mate moves to a 12,500 square foot building in Ramsey, Minnesota.
|Mate doubles its size to 25,000 square feet.
|Mate doubles again, expanding to 50,000 square feet .
|Mate builds the first of many integrated manufacturing cells.
|Mate develops an advanced tooling system for Prima Power punch presses known as Nova®.
|Develops Marathon®, an advanced tooling system for Murata Wiedemann punch presses.
|Opens its Western Europe sales office.
|Expands to over 100,000 square feet, eight times the original size of the Ramsey location.
|Develops Ultra®, an advanced tooling system for thick turret punch presses.
|Opens Asia sales office.
|Mate moves to 1295 Lund Boulevard, Anoka, Minnesota. At nearly 300,000 square feet, this new location is the largest of its kind, dedicated solely to the manufacture of precision tooling for CNC punch presses.
|Launches Mate Laser Technologies to expand its product line to include laser optics, nozzles and consumable accessories for laser cutting machines.
|Opens its China sales office.
|Earns Minnesota Quality Award, Achievement Level.
|Opens its Central Europe sales office.
|Earns the Manufacture of the Year award from the Manufacturers’ Alliance.
|Launches the Ultra IMT™ fully indexable multi tool.
|Opens India sales office.
|Introduces the Premia™ sharpening system for easy sharpening of all tooling styles.
|Mate develops a full line of press brake tooling.
|Opens Middle East sales office.
|Introduces Ultra® QCT™, an innovative quick change thick turret tooling system.
|Introduces American Precision Style press brake tooling with Maglock®, an innovative magnetic safety system.