Die Technology Inc. creates sister company

OSSEO, MINNESOTA — Die Technology, Inc., a machining services and tooling manufacturer, announced today the creation of its new sister company, Nanotech Precision, LLC. The two companies will partner closely to serve as an industry leader in international high-precision manufacturing, and continue their focus on providing customers with exceptional service.

Die Technology created Nanotech Precision to better accommodate high-volume orders of small, micro-sized instruments, electrodes and other various components that support the medical, electronic and aerospace industries. Such products are used in minimally invasive catheter and heart rhythmic components. Nanotech Precision and Die Technology will be led by current Die Technology president and general manager, Dale Skoog.

“We are excited about the formation of Nanotech Precision, which will help both companies specialize further in their fields and continue our legacy of designing revolutionary devices,” said Skoog. “We are looking forward to build on our reputation for excellence and precision and deliver high-quality service to our clients.”

Nanotech Precision gives Die Technology the ability to continue its focus and leadership on designing and building high precision stamping dies and tooling, as well as precision machining services. Formed in 1988, Die Technology designs and builds micro-sized components for the automotive, defense and medical sectors. Die Technology provides jobs to 24 employees at its headquarters in Osseo, Minnesota, while Nanotech Precision employs 18 people.

The division legally took place on January 1, 2019.