Progressive Components (Wauconda, IL), a leading developer and distributor serving the global injection mold market, has announced it has transitioned to 100% employee ownership through the establishment of an Employee Stock Ownership Plan (ESOP). Progressive employs 65 team members worldwide, and the ESOP transaction ensures that the company remains American-owned and independently operated while creating…
Progressive Components recently completed an extensive update of its headquarters location in Wauconda, IL. The 15,000 sf building had been initially built by the company in 1995, with additions and modifications along the way, but this was the first extensive plantwide overhaul of the office areas and the warehousing portion of the building. The warehouse…
New Standards to Improve Mould Performance Warrington, UK – Progressive Components is a leading developer and distributor of globally standard components and web-based mould monitoring innovations. At the company's ninth K Show exhibition, additions include: Plate sequencing: Plate Retainers are a compact new method to pull parting lines in small to medium-sized moulds, and Plate…
What does this organization actually do and how can you be a part of it to help tool up the moldmaking industry? What better month than October — Manufacturing Month — to shed some light on an initiative to help develop the current and future moldmaking workforce? Tooling for Tomorrow is an initiative established by Progressive Components in…
Our warehouse team is inspired by the many letters (shown here) from molders and moldmakers regarding the role we all play in the essential supply chain during this crisis. Since March 9th, Progressive has been operating with offsite Customer Service staff accessing our integrated inventory located at our stocking locations in Illinois, California, South Carolina,…
Global supplier Progressive Components was recently named one of twenty Best Places to Work by Crain Communications publication, Plastics News. To qualify as a Best Place to Work, companies must have a facility in the United States or Canada and have a minimum of 15 employees. The award is a survey driven competition designed to…