Pace Industries was founded in 1970 with a small die casting facility located in Harrison, AR. From that one location Pace Industries has become one of the largest and most diversified die casting companies in the world.
In the late 1980’s Pace grew considerably and was building a national reputation as an expert in large thin wall die castings that served the lighting and grill industries. As part of a growth strategy, Pace decided to expand its geographic footprint and product offerings. In 1988, Pace acquired Mangas Tool & Die of Muscle Shoals, AL, to offer tooling production and expertise to its growing customer base. That same year, Pace also acquired Kuhlman Die Casting of Monroe City, MO, that added more aluminum die casting capacity.
More growth was experienced in the 90’s. In 1994, Pace Industries built Pace Industries S.A. de C.V. in Saltillo, Mexico, as a joint venture to support a major customer's expansion into Mexico. In 1995, Pace acquired a second tool and die shop, Patterson Mold of St. Louis, MO.
After two decades of incredible growth and expansion, Pace Industries was acquired by a Fortune 500 company, Leggett & Platt of Carthage, MO. Between 1996 and 2000, Pace, under the ownership of Leggett & Platt, acquired Cambridge Tool of Billerica, MA, B&C Die Casting of Jonesboro, AR, which specializes in miniature zinc die castings, and St. Paul Metalcraft of St. Paul, MN. Pace also opened its second facility in Mexico when the Chihuahua Division was built in response to customer needs.
In 2000, Pace continued to expand as it acquired Product Technologies of Maple Lake, MN, which specializes in complex magnesium die castings. In 2006, Pace opened a facility in Auburn, AL, once again in support of a customer need.
In the summer of 2008, it was “back to the future” so to speak as Pace Industries was sold by Leggett & Platt to its previous owner, Kenner & Co. of New York.
Under the new ownership of Kenner & Co., look for more growth as Pace explores new platforms, opportunities and expansion of our North American footprint. The most exciting years are yet to come.