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

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

Unique Tool adding equipment, jobs

October 30, 2014 1:52 pm ET

Mold maker Unique Tool & Gauge Inc., is planning to invest more than $3.5 million dollars in new equipment for its Windsor, Ontario, facility.    More

Image

Magna opens new exterior facility, plans for lighting investment

October 30, 2014 1:36 pm ET

Canadian automotive supplier Magna International Inc. on Oct. 28 opened a new injection molding and robotic paint line facility in Delta Township,...    More

Image

Xten may shut down, working on sale to Commercial Plastics

October 29, 2014 5:49 pm ET

Xten Industries LLC is working on a sale to Commercial Plastics Co. of Mundelein, Ill. Xten, an injection molder based in Kenosha, Wis., filed a...    More

Image

Detroit Manufacturing Systems to hire 200 for F-150 production

October 29, 2014 10:40 am ET

Interior trim supplier Detroit Manufacturing Systems LLC plans to hire 200 assembly workers by January to support production growth of Ford Motor Co....    More

Image

Cosmetic packaging maker expands in China

October 28, 2014 3:32 pm ET

A $180 million expansion project by the Derjin Group of Taiwan has broken ground in China's Jiangsu province.    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

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 million dollar plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our analysts provide insight on business trends, foreign investment, top end markets and plastics processing activity. The report also provides important data on exports, production, employment and value of plastics products manufactured.

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

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

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

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

October 27, 2015 - October 29, 2015Plastics Financial Summit - New York - 2015

More Events