Ort Tool and Die announces $30 million in sales in 2019

Published
January 29, 2020 - 02:30pm
Ort Tool and Die announces $30 million in sales in 2019

Article from Ort Tool and Die Corp.

Ort Tool and Die Corp., Erie, Michigan, saw significant sales growth in 2019, which matched its best year of sales in 2007.     

"It was a great year with a 39% increase in sales," said Angelo Milano, vice president. "Although we were aided by a strong economy, this would not have been possible without our employees who work hard day in and day out. We landed some large projects last year which demonstrates the expertise that we provide to our customers." 

Along with capabilities in CNC machining and welding, Ort also offers mechanical and electrical assembly. Because of its substantial capabilities, Ort has had a history of building complete machine lines, as well as custom production machines from blueprints. A number of the projects awarded to Ort in 2019 were related to the paper, chemical and solar industries. The company has been successful working in the transportation and oil and gas industries.

 "Combining these large projects with an uptick in demand for various other machining projects resulted in Ort hiring 17 new employees in 2019 – growing our workforce by 15%. These new hires will enable us to meet our 2020 expectations," Milano said. "We reviewed a considerable number of resumes and interviews. In the end, it was great to add more wonderful employees to the Ort family. Hopefully, we will continue to hire more as we expect another good year in 2020."

Related Glossary Terms

  • computer numerical control ( CNC)

    computer numerical control ( CNC)

    Microprocessor-based controller dedicated to a machine tool that permits the creation or modification of parts. Programmed numerical control activates the machine’s servos and spindle drives and controls the various machining operations. See DNC, direct numerical control; NC, numerical control.

  • sawing machine ( saw)

    sawing machine ( saw)

    Machine designed to use a serrated-tooth blade to cut metal or other material. Comes in a wide variety of styles but takes one of four basic forms: hacksaw (a simple, rugged machine that uses a reciprocating motion to part metal or other material); cold or circular saw (powers a circular blade that cuts structural materials); bandsaw (runs an endless band; the two basic types are cutoff and contour band machines, which cut intricate contours and shapes); and abrasive cutoff saw (similar in appearance to the cold saw, but uses an abrasive disc that rotates at high speeds rather than a blade with serrated teeth).

INDUSTRY NEWS

06/24/2024
GEDIA Automotive has ordered an accessibility-adapted press-hardening line from AP&T. The adaptation means that the line will be designed to enable staff with physical disabilities to monitor and…

06/21/2024
Sandvik Coromant is expanding operations in Oconee County, South Carolina. The $29.4 million investment will improve the company’s Westminster production facility.

06/20/2024
“Why do we do what we do?” asked Alexander Zoller, president of ZOLLER Inc., during his welcome and keynote address on the first day of the two-day ZOLLER Open House & Technology Days, which took…