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Mate Precision Technologies was founded in 1962 in Minneapolis, Minnesota, as the Mate Punch and Die Co. We started as a specialist in the design, manufacture and marketing of punch press tooling. Initially, we operated only locally, but saw the need for national punch press tooling specialist. In 1967, Mate began increasing our presence across the United States. As our success continued, we expanded internationally, starting with operations in England and Germany.

During this time, we also expanded our product line well beyond punches and dies, including the development of other tooling styles and the punch press multi-tool. To better describe Mate and our product lines to the market, we changed our name to Mate Precision Tooling in 1996. As Mate continued to grow, we began looking ahead for new ways to serve our customers. In 2020, we changed our name to Mate Precision Technologies to reflect our broader commitment to metalworking and using our expertise to drive innovations to shape the future of factory productivity.

1962	Mate is founded at 2201 Washington Avenue North, Minneapolis, sharing the facilities with Twin City Manufacturing. After one year, Mate has three full-time employees.
1966	Mate moves to 240 22nd Avenue North, Minneapolis.
1967	Mate publishes a catalog specifically for punch press tooling, with the idea of expanding nationwide.
1971	After a special nationwide expansion, Mate moves to a 12,500 square foot building in Ramsey, Minnesota.
1974	Mate doubles its size to 25,000 square feet.
1978	Mate doubles again, expanding to 50,000 square feet .
1984	Mate builds the first of many integrated manufacturing cells.
1985	Mate develops an advanced tooling system for Prima Power punch presses known as Nova®.
1986	Develops Marathon®, an advanced tooling system for Murata Wiedemann punch presses.
1990	Opens its Western Europe sales office.
1991	Expands to over 100,000 square feet, eight times the original size of the Ramsey location.
1995	Develops Ultra®, an advanced tooling system for thick turret punch presses.
1998	Opens Asia sales office.
2000	Mate moves to 1295 Lund Boulevard, Anoka, Minnesota. At nearly 300,000 square feet, this new location is the largest of its kind, dedicated solely to the manufacture of precision tooling for CNC punch presses.
2001	Launches Mate Laser Technologies to expand its product line to include laser optics, nozzles and consumable accessories for laser cutting machines.
2004	Opens its China sales office.
2005	Earns Minnesota Quality Award, Achievement Level.
2008	Opens its Central Europe sales office.
2009	Earns the Manufacture of the Year award from the Manufacturers’ Alliance.
2010	Launches the Ultra IMT™ fully indexable multi tool.
2012	Opens India sales office.
2013	Introduces the Premia™ sharpening system for easy sharpening of all tooling styles.
2014	Mate develops a full line of press brake tooling.
2015	Opens Middle East sales office.
2016	Introduces Ultra® QCT™, an innovative quick change thick turret tooling system.
2017	Introduces American Precision Style press brake tooling with Maglock®, an innovative magnetic safety system.