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 a 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. We changed our name to Mate Precision Technologies in 2020 to reflect our broader commitment to metal cutting and using our expertise to drive innovations to shape the future of factory productivity. In 2021, we entered the metalworking industry with the launch of our 52/96 zero point workholding system.
|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.
|Mate moves to 240 22nd Avenue North, Minneapolis.
|Mate publishes a punch press tooling catalog with the idea of expanding sales nationwide.
|After a very successful national 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 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.
|Changes name to Mate Precision Tooling as it continues to expand internationally.
|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 and dedicated 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 China sales office.
|Opens 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 the innovative Maglock® magnetic safety system.
|Mate expands its successful quick-change tooling system to include AMX QCT™ and MXC QCT™.
|Changes corporate name to Mate Precision Technologies to reflect its broader commitment to metal cutting and using its expertise to drive innovations to shape the future of factory productivity.
|Enters the metal cutting industry with the launch of its 52/96 zero point workholding system, including DynoGrip™ vises, DynoLock™ bases, and DynoMount™ mounts and accessories designed to increase factory productivity.