The Heico Companies Acquires Versatile Mold and Design, Inc.

Enhancing Molding and Tooling Capabilities

Warrenville, IL – May 10, 2024 The Heico Companies announced that it has completed its acquisition of Versatile Mold and Design, Inc. Headquartered in Rutledge, Georgia, Versatile designs, builds, and maintains high precision molds for both thermoplastic and thermoset materials and provides molding services as well.

Under the leadership of the Heusser family, Versatile Mold and Design has developed the capabilities necessary to provide customers full support through all the phases of the molding process. In addition to building high-quality domestic and offshore production tooling, Versatile adds value to its customers through prototype tooling, 3D printing, mold sampling, spare parts programs, high-speed laser measuring, and in-house molding. Versatile is proud to support customers in the Energy & Power, Automotive, Pharmaceutical, Construction, Oil and Gas, and Medical industries. Versatile Mold and Design continues to be the recognized industry leader for the development of tools and processes for molded thermoset products.

“Versatile Mold and Design’s commitment to innovation and excellence aligns seamlessly with our vision. This union amplifies our capabilities, empowering us to deliver cutting-edge solutions across every phase of the molding process.”– Barbara Philibert, President and CEO of The Heico Companies’ Industrial Technologies Group.

The acquisition of Versatile Mold and Design adds a key component to The Heico Companies’ Plastics Segment. Versatile will complement the molding operations of Davies Molding, which is part of the Heico Industrial Technologies Group. Together these companies can offer end-to-end turnkey plastic parts solutions.

“We are excited that Versatile has found a partner in Heico and Davies Molding that will allow us to service the full needs of our international customers. Heico brings world class technology, resources and processes that we can utilize to continue our growth.” Bob Heusser, President of Versatile Mold and Design.

Alliance Technology

The Heico Companies is a family-owned business and parent holding company for a diverse portfolio of manufacturing, construction and industrial services businesses. Founded by Michael Heisley in 1979, The Heico Companies has delivered sustainability to its businesses while maintaining its entrepreneurial spirit. The Heico Companies now has more than 9,000 employees and more than 80 operating companies on five continents.

Since its founding in 1998, Versatile Mold and Design, Inc. has leveraged innovative engineering and state-of-the-art equipment to provide exceptional value to its customers. Core competencies include tooling and process development for thermoset injection, thermoplastic injection, compression, injection-compression, and transfer molding.

Follow us on social media for the latest updates in B2B!



Fan-Centric Business Transformation
Prop Room
May 23, 2024

In this episode of the Fans First series, Jesse Cole, the mastermind behind the Savannah Bananas, shares with us that in the vibrant world of marketing, creativity knows no bounds—a philosophy embodied by a prop room and studio teeming with eclectic costumes and outlandish ideas. This creative hub, seemingly disconnected from conventional themes like bananas,…

Read More
Ace Gardner and Jacob Lewis discuss NIL Deals and Transfer Portals
NIL Deals and Transfer Portals are Also Impacting College Staff and Their Roles
May 23, 2024

College sports is undergoing a significant transformation with the advent of Name, Image, and Likeness (NIL) rights and the increasing prevalence of transfer portals. These changes are reshaping how college staff operate, presenting both opportunities and challenges. With the rise of NIL deals and transfer portals, understanding the behind-the-scenes impact on college coaching staff…

Read More
sales process automation
The Future of Business Success Lies in Real-Time Feedback and Sales Process Automation
May 22, 2024

Amid the rapid pace of technological advancements, sales processes are undergoing significant changes. Companies are increasingly pressured to enhance efficiency, accuracy, and customer satisfaction. According to Forrester’s 2023 report, a staggering 90% of global business buyers experienced stalled purchasing processes due to economic headwinds, emphasizing the importance of price transparency and the need for…

Read More
thaly palanisamy as new president
Stenograph, LLC Announces Thaly Palanisamy as New President
May 22, 2024

Stenograph, LLC is pleased to announce Thaly Palanisamy as president. In his role, Mr. Palanisamy will guide Stenograph in executing its strategic vision: Empowering the capture, preservation, and accessibility of verbatim records. “Thaly’s leadership skills, combined with the Stenograph strategy deployed by our talented team, will ensure success as we charter our course for the…

Read More