Supplying automotive air and fluid management systems
Toledo Molding & Die Inc. (TMD) is a global supplier of interior and air/fluid management systems to the automotive industry. Founded in 1955 as a model and pattern shop in Toledo, Ohio, the company began supplying the automotive industry in 1968 and has grown into a global full-service supplier of interior and air/fluid management systems for more than 20 international automotive customers. The company, which is based in Toledo, has operations in Ohio, Tennessee, Michigan, North Carolina and Mexico.
Manufactured In Wisconsin®
The company recently announced plans to open its first Wisconsin plant in Beloit, at the Wisconsin Stateline Industrial Park, where it will manufacture molded automotive parts for Jeep Cherokees that will be produced at the Fiat Chrysler Automotive plant in Belvidere, Illinois, in early 2017. TMD, which is investing more than $14 million in the project, will occupy a 105,000-square-foot industrial building at the industrial park. To help secure the project, which is expected to create 118 new jobs, the Wisconsin Economic Development Corporation is providing the company with up to $750,000 in performance-based Business Development Tax Credits over a three-year period.