Tolomatic, Inc. Company Profile

Background

Founded in 1954, Tolomatic, Inc. has established itself as a leading U.S.-based manufacturer specializing in linear motion solutions. The company's mission is to deliver innovative and reliable automation components that enhance productivity across various industries. With over 65 years of experience, Tolomatic has built a reputation for designing and manufacturing durable electric linear actuators, pneumatic actuators, and power transmission products. These products serve a diverse range of sectors, including packaging, material handling, medical, food processing, automotive, semiconductor, and general automation.

Key Strategic Focus

Tolomatic's strategic focus centers on providing high-quality, customizable linear motion solutions tailored to meet the specific needs of its clients. The company specializes in three primary areas:

• Electric Linear Motion: Offering both rod and rodless linear actuators with servo and stepper control, including the ServoWeld® actuators designed for robotic resistance spot welding.

• Pneumatic Actuators: Providing rodless cylinders (band-type and cable cylinders), linear slides, magnetically coupled cylinders and slides, and rod cylinder slide thrusters.

• Power Transmission Products: Manufacturing industrial power transmission products such as roller screws, gearboxes, brakes, and clutches.

By focusing on these areas, Tolomatic aims to enhance process control, increase efficiency, and eliminate issues associated with traditional hydraulic systems.

Financials and Funding

As a privately held company, Tolomatic does not publicly disclose detailed financial information. However, estimates suggest that the company's annual revenue is approximately $87.4 million, with a revenue per employee of around $388,300. The company employs approximately 225 individuals.

Technological Platform and Innovation

Tolomatic distinguishes itself through its commitment to innovation and the development of proprietary technologies:

• Proprietary Technologies: The company offers the ServoWeld® line of actuators, specifically designed for robotic resistance spot welding applications, showcasing its expertise in integrating advanced motion control solutions.

• Engineering Tools: Tolomatic provides a suite of online tools to assist engineers, including actuator sizing software, CAD libraries, and the "Your Motor Here" program, which allows customers to select their preferred motor, ensuring compatibility and ease of integration.

Leadership Team

Tolomatic's leadership team comprises experienced professionals dedicated to driving the company's success:

• Paul Carlson: President & CEO

• Jason Prescott: Chief Financial Officer

• Brett Holker: Director of Operations

• Brad Schulz: Director of Engineering

These leaders bring a wealth of experience in engineering, operations, and financial management, contributing to Tolomatic's ongoing growth and innovation.

Competitor Profile

Market Insights and Dynamics

The linear motion industry is characterized by steady growth, driven by increasing automation across various sectors such as manufacturing, automotive, and healthcare. Companies in this space are continually innovating to meet the demand for more efficient and reliable motion control solutions.

Competitor Analysis

Tolomatic operates in a competitive landscape alongside several key players:

• Thomson Industries: Recognized for high-quality mechanical motion technology, offering a broad range of linear motion products.

• Exlar Corporation: Specializes in electric actuators with a focus on both linear and rotary configurations.

• Nook Industries: Provides a variety of linear motion systems and components, including screw jacks and linear actuators.

• Del-Tron Precision: Offers linear motion products with an emphasis on precision and reliability.

• Bishop-Wisecarver: Focuses on linear and rotary motion solutions, known for their innovative designs.

These competitors offer similar products and services, each bringing unique strengths to the market.

Strategic Collaborations and Partnerships

Tolomatic has established significant partnerships to enhance its product offerings and market reach:

• Rockwell Automation PartnerNetwork™ Program: As a Technology Partner, Tolomatic ensures compatibility between its products and Rockwell Automation's servo products, facilitating seamless integration for customers.

• JVL Intelligent Motors: This partnership provides customers with integrated servo and stepper motor options, expanding the versatility of Tolomatic's actuator solutions.

• Mitsubishi e-F@ctory Alliance: Tolomatic's electric actuators have been tested with selected Mitsubishi motor offerings, ensuring compatibility and ease of integration.

Operational Insights

Tolomatic's commitment to customer service is evident through its comprehensive support system, including engineering collaboration, online configurators, and sizing software. The company's ISO 9001 certification underscores its dedication to quality and continuous improvement. With manufacturing facilities in the USA and service centers in China, Germany, and Mexico, Tolomatic effectively serves a global customer base.

Strategic Opportunities and Future Directions

Looking ahead, Tolomatic is poised to capitalize on the growing demand for automation solutions by:

• Expanding Product Lines: Continuing to develop innovative products that address emerging industry needs.

• Enhancing Global Presence: Strengthening its international service centers to better serve a diverse customer base.

• Investing in Technology: Leveraging advancements in motion control technology to offer more efficient and