This GLTAAC client has a good problem: they must increase production capacity to meet the needs of a big new customer. After winning the business, the Ohio metal stamper invested in high-speed machinery. The next step was to develop dies that can perform well with the new equipment. Because the company didn’t have the expertise to do this in-house, they are using some of their TAAF matching funds to get it done. They have just started the project, using an outside consultant to develop the die design. Total cost for this critical project is $60K (TAAF pays 50%).
