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Tooling Tech Group Announces New Chief Financial Officer

Tooling Tech Group (TTG), a leading provider of highly engineered tools and automated assembly equipment to a wide range of industries, has appointed Cory Gergar as its new corporate Chief Financial Officer (CFO). Gergar joined TTG in April at the company’s Fenton, Mich. location.

“Cory brings an abundance of financial experience to his new position, having held corporate positions of progressive responsibility for the last 27 years,” said Lee Childers, chief executive officer at TTG. “In addition, he is well versed in continuous improvement processes, which will bring value as he focuses on advancing TTG’s financial strategies.”

Gergar served as CFO for Duro-Last for 12 years before joining TTG, as well as CFO/corporate controller for Caparo Vehicle Components Inc., prior to that. In both positions, he focused on his specialties of budgeting and financial forecasting, costing and quoting systems, and financial statement preparation. He started his career in corporate finance as a finance leader/corporate controller at Tower Automotive.

During each of his earlier positions, Gergar also focused on Lean Processes and Management to streamline financial operations. In 2016, he became Six Sigma Green Belt (SSGB) certified through The Michigan Manufacturing Technology Center (MMTC). He has been licensed as a certified public accountant (CPA) and a chartered global management accountant (CGMA), both from the American Institute of Certified Public Accountants (AICPA).

Gergar holds a Bachelor of Arts degree in Accounting from Michigan State University and a Master of Science degree in Finance from Walsh College.

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About Tooling Tech Group

Founded by Tony Seger in 1982 and headquartered in Macomb, Mich., the Tooling Tech Group has grown to become the largest tooling company in the United States serving the automotive industry with tooling used to produce a wide variety of vehicle components, including soft-trim, powertrain components, structural stampings, valve bodies, dashboard and under-the-hood components, thermo-acoustic panels, roof components, liquid reservoirs, trunk components, wheel liners and more.  

Non-automotive uses for the company’s tooling products include manufacturing of appliances, lawn & garden products, consumer goods, off-road equipment, marine products, agricultural equipment, heavy-trucks, industrial blow-molds, kayaks, small engines, and aerospace structures.