Paramount Die, a new facility in Latin America

Paramount Die, the world’s largest carbide wire drawing dies supplier, announced that its new facility is now fully operational.

The company’s new facility, which was opened last year in Monterrey, Mexico, will enable Paramount Die to better serve the Mexican and Latin American markets as well as provide additional capacity for wire drawing dies production for export to international markets. More than half of Paramount Die’s products are already used outside the U.S., and the new branch will better position the company for further international expansion.

“With the addition of this new facility, Paramount Die expands its ability to quickly deliver world-class products and services to the global market,” declared Richard Sarver, Paramount Die President. “The new facility provides us additional capacity and will further strengthen our international competitiveness.”

Paramount’s plant in Abingdon, Maryland, will continue to function as the company’s primary manufacturing facility, technical R&D center, and corporate headquarters. The Abingdon plant is also undergoing an expansion as the company continues to grow its carbide tooling production  for other metal forming applications, such as shaving, rolling, and deep-draw tooling.

Paramount Die Company is a worldwide leading company specializing in design and manufacture of wire drawing die inserts and tooling systems. Thanks to top-quality products and its specialists’ expertise, the company is regarded as one of the world’s best innovators in the wire industry, and its products have become a standard and a reference point for many other companies.