October 2021 – Saegertown, PA – Shorts Tool and Mfg., Inc. (“Shorts”) of Saegertown, PA has been acquired by Adler Industrial Solutions, Inc. (“Adler”). Shorts is a manufacturer of close-tolerance and multi-cavity plastic injection molds and ancillary products primarily for the medical, consumer goods, aerospace, and industrial industries. Founded in 2001, the company utilizes highly skilled engineering and manufacturing capabilities to provide precise, reliable, and effective customer solutions.

Adler was conceived by Philipp Gruner, an entrepreneur with a successful manufacturing background who previously owned and operated KG Technologies, a global leader in electromechanical relays that was listed as the 49th fastest growing company in the US by Gruner’s experience gave him a deep appreciation for the tool-making trade, which inspired him to create Adler and invest in the tooling and mold industry by building a network of leading companies with complementary capabilities that, together, could better service their customers.

This transaction marks the first acquisition by Adler and gives the company a presence in western Pennsylvania, which the company believes is a critical geography for tool-making talent and an important center of American manufacturing.

Kevin Shorts, former owner of Shorts, had this to say about the transaction, “I spent a long time looking for the right buyer for the company I dedicated my life to building. I wanted a buyer with a deep understanding and appreciation for what we do, and one who would commit to investing more into both my employees and the shop itself. I’m convinced I have found that with Adler and that they’ll take Shorts to the next level, which I know will benefit both Shorts’ employees and its customers.”

MBS Advisors of Florence, MA represented Shorts Tool & Mfg., Inc. in the transaction.

Excerpts from above were taken from Adler Industrial Solutions’ press release. Click here to read the press release in its entirety.

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