Meadville, PA – October 2025 – Mold maker and injection molder Holbrook Tool & Molding of Meadville, PA has been acquired by injection molder Allegheny Performance Plastics of Leetsdale, PA.
Hollbrook Tool & Molding specializes in complex, multi-cavity tooling and small-part precision injection molding for medical applications. Founded in 1979, Holbrook has earned a strong reputation for quality, precision, and reliability.
“Our shared values of innovation, quality, and customer focus make this a powerful partnership for both our employees and our customers,” said Beverly Lockwood, President of Holbrook.
Allegheny Performance Plastics has historically focused on high-performance thermoplastic components for demanding applications in aerospace, defense, and industrial markets. But as the company makes a push into medical and healthcare manufacturing, its leadership faced a key decision: invest organically or grow through acquisition.
“Where we’ve been a molder with a small in-house tool shop, they’re a tool shop with a small molding department,” Robert Stutzman, CEO of Allegheny said. “That kind of complementary setup is ideal. Their tooling team gives us immediate scale in-house, and we gain molding capacity without sacrificing space in Leetsdale.”
Stutzman said Allegheny intends to expand the Meadville toolroom and absorb some of the outsourced tooling work it currently sends to external suppliers. The facility will focus on medical molding and tooling, while aerospace and defense molding will remain in Leetsdale.
Holbrook will now operate under the Allegheny name, and the company plans to keep Holbrook’s management and staff in place — minus former president Beverly Lockwood, who is retiring.
Plastics-focused investment banking firm MBS Advisors of Florence, MA represented Holbrook Tool & Molding in the transaction.
Excerpts from above were taken from a recent Plastics News article and Allegheny’s press release.