Governor Tim Walz announces the DLI Youth Skills Training (YST) grant recipients at Teamvantage
Teamvantage is honored to have been chosen to host Minnesota Governor Tim Walz and the announcement of the Minnesota Department of Labor and Industry Youth Skills Training (YST) grant recipients.
Teamvantage partners with White Bear Lake and Forest Lake High Schools to offer paid work experience for students 16 and older who have an interest in Engineering and/or Manufacturing.
The grants are part of a Minnesota Department of Labor and Industry program, which was signed into law in 2017, to create and provide employment training for student learners ages 16 and older in high-growth, high-demand occupations.
Additional information on the grant recipients can be found here.
For additional information on the Youth Skills Training program, visit dli.mn.gov/yst
Teamvantage Chosen as a 2020 Manufacturing Excellence Award Winner
Teamvantage is honored to be chosen as a 2020 Manufacturing Excellence Award winner by Twin Cities Business Magazine. We take great pride in the work that we do and our amazing team of employees who support us on a daily basis.
We will also be participating in the magazine's virtual event via Zoom on August 18, 2020, at 12:00 pm CST. Additional information can be found here.
Visit the Twin Cities Business website to read more about us and the other honorees.
Teamvantage, Custom Mold & Design and Paradigme Engineering acquired by Graham Partners, Inc.
FOREST LAKE, November 2, 2020 - We are pleased to announce that Minnesota based New Team LLC, the holding company of Teamvantage, Custom Mold & Design (CMD) and Paradigme Engineering, has joined forces with Graham Partners, Inc.
We are excited to grow our business through this strategic partnership. Going forward, we will continue to provide our brand of best-in-class service supported by the latest advancements in technology and equipment. Our existing management teams will continue to lead the charge for all day-to-day operations just like we have in the past. Graham Partners will provide operational resources and financial backing to foster our strong growth trajectory as we continue to build the business into a premier, vertically integrated manufacturing solution.
Teamvantage, Custom Mold & Design and Paradigme Engineering owner Ray Newkirk, said “Graham is the perfect strategic fit for New Team due to their network of industry relationships, operational expertise and track record of healthcare and defense investing – I'm excited to work alongside Graham Partners while continuing to hold an ownership stake in the company.”
A brief overview of our three companies is as follows:
Teamvantage (www.teamvantage.com) is a full-service contract manufacturer offering expertise in plastic injection molding, micro-molding, silicone molding, machining (metals, plastics, etc.), mold design and fabrication, assembly, testing, decorating, packaging, and more. Serving primarily medical device and defense industry customers, the company is ISO 9001:2015, ISO 13485:2016 and AS9100D certified, registered with the FDA, ITAR registered.
Custom Mold & Design (www.custommold.net) manufactures and designs fully interchangeable, high-precision injection molds including multi-cavity, multi-shot, metal injection, silicone, micro and ceramic molds as well as aluminum die casting molds for a wide range of industries. The company’s CMD – Precision Manufacturing Group division provides ultra-precision machined components and assemblies requiring fine detail. Custom Mold & Design (CMD) is ISO 9001:2015 and AS9100D certified, a ToolingDocs certified mold maintenance provider and ITAR registered.
Paradigme Engineering (www.paradigme.net) is a premier mold design and fabrication facility that prides itself on providing creative tooling solutions at the lowest total cost. Our unique blend of imaginative engineering and precision fabrication has routinely resulted in the development of some of the most ingenious answers to complex manufacturing challenges for a host of different customers spanning numerous industries.
Our new parent company, Graham Partners (www.grahampartners.net), is a private investment firm located in suburban Philadelphia. Graham Partners invests in technology-driven companies that are spurring innovation in advanced manufacturing, with a particular focus on businesses in the healthcare, aerospace & defense, packaging, consumer & food technology, and industrial technology sectors. They currently manage ~$3.4B in capital. The firm has access to extensive operating resources and industrial expertise and is a member of The Graham Group, an alliance of independent operating businesses, investment firms and philanthropic entities, which all share in the common legacy of entrepreneur Donald Graham with a heritage that dates back to the 1960s. Additionally, Graham Partners has a longstanding history of investing in plastic processing and metal machining businesses with differentiated and proprietary capabilities like Teamvantage, Custom Mold & Design and Paradigme Engineering.
We look forward to a long and prosperous future as a member of the Graham Partners family of companies.
For additional information contact:
 Differs from Regulatory Assets Under Management.