Tenere acquires rapid prototyper

By Frank Antosiewicz
Correspondent

Published: June 18, 2013 2:15 pm ET
Updated: June 18, 2013 5:05 pm ET

Related to this story

Topics Mergers & Acquisitions Injection Molding Molds/Tooling Design
Companies & Associations

Dresser, Wis.-based injection molder Tenere Inc., which designs and makes plastic and metal components, is adding rapid prototyping to its portfolio with the purchase of Protogenic Inc. of Westminster, Colo.

Protogenic had been owned since 2008 by Spectrum Plastics Group of Minneapolis. Terms were not disclosed.

The acquisition is part of a growth plan instituted by Tenere owner Watermill Group of Lexington, Mass., said Jeff Tomassoni, Tenere vice president of sales.

Watermill purchased Tenere in December, and has already taken steps to grow the business. It added about 30 employees and new equipment to boost the Dresser metal-fabrication facility. It expects Protogenic to provide even more opportunities for Tenere, according to Tomassoni.

Protogenic does prototyping and casting. It has 38 employees at its 22,000-square-foot facility in Colorado. The company offers stereolithography, laser sintering and 3-D printing, as well as cast urethane and cast silicone. It is also aligned with fast-moving industries like medical devices, aerospace, defense, electronics and consumer products.

“They’re truly a rapid-prototyping company. They can quote within minutes or a few hours and the delivery as far as turnaround can be 24-72 hours,” said Tomassoni.

Protogenic can help all of  Tenere’s facilities, he said, but it is particularly helpful to Tenere’s injection molding operation in nearby Lakeland, Colo.

“It fills a gap for a lot of customers that have RP requirements,” he said, noting that it will build on the engineering end of Tenere.

Tenere’s Lakeland facility is about 60,000 square feet. Its 19 injection molding machines range in clamping force from 25 tons to 1,000 tons. The company also has three other facilities in Wisconsin, in Dresser, Somerset and St. Croix Falls.

Tenere fabricates sheet metal and machined products, and provides integration and assembly services. It serves OEMs in network communications and enterprise software, as well as the agriculture, medical and aerospace industries.


Comments

Tenere acquires rapid prototyper

By Frank Antosiewicz
Correspondent

Published: June 18, 2013 2:15 pm ET
Updated: June 18, 2013 5:05 pm ET

Post Your Comments


Back to story


More stories

Image

Eriks NV buys two US polymer companies

April 24, 2015 10:38 am ET

Dutch company Eriks NV is expanding its reach in the North American plastics sector with two acquisitions: Dallas-based Seals and Packings Inc. and...    More

Image

Danish packaging firm Faerch buys UK's Anson as part of growth strategy

April 24, 2015 9:37 am ET

Denmark-based packaging company Faerch Plast A/S has acquired Ely, United Kingdom-based Anson Packaging Ltd., a move the company says “should...    More

Image

Reifenhäuser acquires German spinneret company Enka Tecnica

April 17, 2015 9:31 am ET

Germany-based Reifenhäuser GmbH & Co. KG, a major manufacturer of extrusion equipment, has announced that it is acquiring Enka Tecnica GmbH, a German ...    More

Image

Spain's Grupo Antolin to buy Magna's interiors business

April 16, 2015 12:33 pm ET

Spain's Grupo Antolin has reached an agreement to purchase Canadian auto supply giant Magna International Inc.'s interiors unit in a deal valued at...    More

Image

Madison buys Ferry Industries

April 16, 2015 5:22 pm ET

Ferry Industries, the largest manufacturer of rotational molding machinery, was purchased by Madison Industries, a Chicago holding company that is the...    More

Market Reports

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Injection Molding Market Analysis & Processor Rankings

Plastics News BUNDLED package contains our in-depth Market Analysis of the Injection Molding segment. You will gain keen insight on current trends and our economic outlook.

As a BONUS this includes PN's updated 2014 database of North American Injection Molders RANKED by sales volume. Sort, merge, mail & prospect by end market, materials processed, region, # of plants and more.

Learn more

Plastics Caps & Closures Market Report

The annual recap of top trends and future outlook for the plastics caps & closures market features interviews with industry thought leaders and Bill Wood’s economic forecast of trends in growing end markets. You will also gain insight on trends in caps design, materials, machinery, molds & tooling and reviews of mergers & acquisitions.

Learn more

Upcoming Plastics News Events

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 15, 2015 - September 17, 2015Plastics Caps & Closures - September 2015

More Events