The MCD Story

We Started Off as a Steel Rule Diemaker

1972—Robert (Bob) Walters Sr. began producing steel rule dies for printers in the basement of his home. This new business soon became Madison Cutting Die. As printers grew and the need for cutting dies grew, Bob saw the increasing need for die cutting. He invested in a Thompson clamshell hand press and started running jobs along with making the dies. Finding success with this model, Bob started renting space for his growing business.

1996—In the need for more space, Bob builds our current facility at 2547 Progress Road. Foil stamping sports trading cards and die cutting POGS were opportunities that led to tremendous growth during this time.

Madison Cutting Die branded POGS

New Owners and a New Name

1998—Bob retired and sold the business to Dave Boyer (CEO) and Joan McNutly (President). The company had grown to a full-size finisher complete with stamping, embossing, diecutting, folding/gluing, UV coating, and plastics conversion capabilities. Also a name change; Madison Cutting Die became MCD Incorporated.

We Own Our Destiny

2015—MCD becomes 100% employee-owned. Ownership transfer was conducted via Employee Stock Ownership Plan (ESOP) and provides employees with the ability to accumulate capital for their future retirement.

The MCD Employee Owners Wall – 100% Employee Owned

MCD Holiday Promotions