Originally Published MPMN July/August 2005

INDUSTRY NEWS

SBA Honors Tech Tool and Mold

Susan Wallace

Tech Tool and Mold Inc. & Tech Molded Plastics LP (Meadville, PA; www.ttmp.com) was recently honored by the Small Business Administration at its 29th annual awards luncheon in Pittsburgh. The company’s president, Scott Hanaway, accepted the award for the 2005 Family-Owned Small Business of the Year for Region III.

The award recognizes Tech Tool for distinguished achievement and performance in support of and advancement of small business development. Region III encompasses Pennsylvania, West Virginia, Virginia, Delaware, Maryland, and the District of Columbia.

Tech Tool and Mold Inc. & Tech Molded Plastics LP are product development partners specializing in total project management and engineering services for the production of high-tolerance and highly precise plastic components.

The SBA champion awards are presented to individuals and businesses that have demonstrated a commitment to fostering small business growth. Additional criteria for winning an award include the firm’s sales and profit ratios and increase in employment, as well as volunteer efforts to strengthen the business community.

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