Verified Nov 2026
Injection Molding
·
Hopkins, Minnesota
·
Since 1947
TPM, also known as Thermotech Precision Molding, is a privately held precision molding and contract manufacturer headquartered in Hopkins, Minnesota. Founded in 1947, the company employs an estimated 500 to 1,000 people and operates facilities in Minnesota and three cities in Mexico, with a combined footprint of about 400,000 square feet. It serves automotive, electric vehicle, medical, military-defense, industrial equipment, and consumer goods markets. In February 2026 it published material on precision molding for military and commercial drones, reflecting its work in defense-related components.
TPM at a glance
Revenue
$10-50M
Est. band
Employees
500-1,000
Founded
1947
Headquarters
Hopkins, Minnesota
Certifications
IATF 16949
Import activity
750
Industries
Automotive
Electric Vehicles
Medical
Military & Defense
Industrial Equipment
Consumer Goods
Sourcing and import activity
From US customs bill-of-lading records
US sea imports
750
Named foreign suppliers
9
Top origins
China · Taiwan · South Korea · India
Shared foreign counterparties do not establish that these companies buy from TPM.
What this tells a buyer
TPM published several company updates between June 2025 and February 2026, including an announcement of open press capacity across its U.S. and Mexico facilities in June 2025 and the transfer of BRP Rotax tooling to its Querétaro facility in November 2025.
The company holds IATF 16949 certification and offers thermoplastic and thermoset injection molding, 2-shot and insert molding, overmolding, automated assembly, welding, and decorative finishing.
TPM is privately held, with an estimated annual revenue band of $10 to $50 million.
Source: US customs bill-of-lading records and public filings · Last verified Nov 05, 2026
STABILITY SIGNALS
Established & active
79 years in operation (founded 1947).
Holds IATF 16949 certification(s) per public sources.
Overview
TPM, also known as Thermotech Precision Molding, is a privately held precision molding and contract manufacturer headquartered in Hopkins, Minnesota. Founded in 1947, the company employs an estimated 500 to 1,000 people and operates facilities in Minnesota and three cities in Mexico, with a combined footprint of about 400,000 square feet. It serves automotive, electric vehicle, medical, military-defense, industrial equipment, and consumer goods markets. In February 2026 it published material on precision molding for military and commercial drones, reflecting its work in defense-related components.
At a glance
Attribute | Detail |
|---|---|
Founded | 1947 |
Headquarters | Hopkins, Minnesota |
Employees | 500-1,000 |
Revenue | $10-50M (estimated) |
Primary capability | Injection Molding |
Certifications | IATF 16949 |
What TPM makes
The company holds IATF 16949 certification and offers thermoplastic and thermoset injection molding, 2-shot and insert molding, overmolding, automated assembly, welding, and decorative finishing.
Products and capabilities described on the company's own site include Injection Molding, Tooling, Battery, Sensor, Gear, Plastic, Assembly, Mold, Welding, Steering (source: tpmmfg.com).
Certifications
TPM is associated with the following certifications in public sources. Confirm the certified scope for the specific plant producing your part:
IATF 16949 — tpmmfg.com
Trade and customs footprint
TPM published several company updates between June 2025 and February 2026, including an announcement of open press capacity across its U.S. and Mexico facilities in June 2025 and the transfer of BRP Rotax tooling to its Querétaro facility in November 2025. US customs bill-of-lading records list 750 inbound shipments across 9 foreign suppliers, with top origins including China · Taiwan · South Korea · India.
Latest developments
2026-02-18 — TPM: U.S. Precision Molding for Military & Commercial Drones - TPM (tpmmfg.com)
2026-02-18 — News - TPM (tpmmfg.com)
2025-12-22 — TPM Juarez: Large Tonnage Injection Molding & Assemblies - TPM (tpmmfg.com)
2025-11-12 — TPM Successfully Transfers Critical BRP Rotax Tooling to New Querétaro Facility - TPM (tpmmfg.com)
2025-06-06 — TPM Announces Open Press Capacity Across U.S. and Mexico Facilities - TPM (tpmmfg.com)
2025-03-20 — TPM Ensures Business Continuity with Expert Tool Transfer Capabilities - TPM (tpmmfg.com)
Facilities
TPM is headquartered in Hopkins, Minnesota. Public sources also reference these locations:
Minnesota — tpmmfg.com
Hopkins, MN — tpmmfg.com
Mexico — tpmmfg.com
Hopkins, Minnesota — tpmmfg.com
Company details
TPM is privately held, with an estimated annual revenue band of $10 to $50 million. TPM was founded in 1947, has an estimated 500-1,000 employees, and is headquartered in Hopkins, Minnesota. On the LightSource stability read it is rated "Established & active": 79 years in operation (founded 1947). Holds IATF 16949 certification(s) per public sources.
Frequently asked questions
What does TPM make?
TPM, also known as Thermotech Precision Molding, is a privately held precision molding and contract manufacturer headquartered in Hopkins, Minnesota. Founded in 1947, the company employs an estimated 500 to 1,000 people and operates facilities in Minnesota and three cities in Mexico, with a combined footprint of about 400,000 square feet. It serves automotive, electric vehicle, medical, military-defense, industrial equipment, and consumer goods markets. In February 2026 it published material on precision molding for military and commercial drones, reflecting its work in defense-related components.
Where is TPM headquartered?
TPM is headquartered in Hopkins, Minnesota (1302 5th St S, Hopkins, Minnesota, 55343-4741).
When was TPM founded?
TPM was founded in 1947.
How big is TPM?
TPM has an estimated 500-1,000 employees, with revenue in the $10-50M range (estimated).
What certifications does TPM hold?
TPM lists IATF 16949 on its website. Confirm the certified scope for the specific plant producing your part.
Does TPM import from overseas suppliers?
US customs bill-of-lading records show 750 inbound shipments for TPM, with top origins including China · Taiwan · South Korea · India.
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Last verified Nov 2026. Is this your company? Request a correction.
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