Joyce Munnings buys welding equipment company Trinetics

By Bill Bregar
Senior Staff Reporter

Published: August 21, 2013 1:03 pm ET
Updated: August 21, 2013 1:05 pm ET

Related to this story

Topics Mergers & Acquisitions, Machinery

Welding equipment maker Trinetics Group Inc. is now a 100 percent women owned company, after Joyce Munnings bought the company from welding technology expert David Hofius.

Trinetics makes welding systems for plastic and metal, including spin welding, infrared welding, hot plate welding, ultrasonic welding, vibration welding and heat staking and insert machinery. The custom designed machines operate manually, semi-automatic or fully automatic.

Munnings said the company employs six people. By mid-2014, she hopes employment will reach about 10.

The new owner moved Trinetics from Titusville, Fla., to Melbourne, Fla.

Davis Hofius’ son, Marc Hofius, will remain with the company. He is the lead design engineer who developed the patented welding technologies in spin and infrared welding and inserting techniques.

Joyce Munnings’ husband, Michael Munnings, is president. His experience includes capital equipment manufacturing, new product development and supply chain management.

Terms of the deal were not disclosed.

 


Comments

Joyce Munnings buys welding equipment company Trinetics

By Bill Bregar
Senior Staff Reporter

Published: August 21, 2013 1:03 pm ET
Updated: August 21, 2013 1:05 pm ET

Post Your Comments


Back to story


More stories

Image

Gear pump maker Witte expands in Germany and USA

July 25, 2014 2:15 pm ET

Witte Pumps & Technology GmbH, the German maker of gear pumps for extrusion, has moved into a new headquarters factory in the Hamburg area, and the...    More

Image

Metals and plastics company NN to buy Autocam in $300 million deal

July 25, 2014 10:07 am ET

A Tennessee metals and plastics company said it has agreed to acquire auto parts supplier Autocam Corp. in a deal valued at $300 million.    More

Meredian merging with Danimer Scientific

July 24, 2014 1:59 pm ET

Bioplastics maker Meredian Inc. is merging with its sister firm, Danimer Scientific LLC.    More

Image

Injection molder, recycler Polyvulc USA puts itself up for sale

July 24, 2014 12:41 pm ET

Fred Farrell and Larry Lambiotte, founders of Polyvulc USA Inc. and its subsidiaries Polyvulc Tire Recycling Llc and Winnsboro Rubber Recycling LLC,...    More

Image

Contigo, Avex buy lets Newell Rubbermaid leapfrog new bottle development

July 22, 2014 4:11 pm ET

Newell Rubbermaid Inc. is ready to accelerate its move into the reusable water bottle business with the purchase of two on-the-go drinkware brands.    More

Market Reports

Plastics Recyclers Data Report & Directory

This exclusive MS Excel database contains all the companies from Plastics News' ranking of top North American Recyclers and Brokers by reprocessed volume and also includes a directory with materials processes, services offered and company contact information. Data is based on primary research by PN editorial staff.

Learn more

2014 Injection Molding Industry Report

GROWTH, OPPORTUNITY IN SIGHT FOR INJECTION MOLDERS IN 2014

In the wake of the economic turbulence earlier in this decade, molders today find themselves in much better shape. Molders are gaining a competitive advantage by investing in people, equipment and seeking inroads into new markets on a global scale.

Growth in the injection molding industry is going to be driven by low financing costs and a continued move to reshore some business.

Learn more

Shale Gas Market - Analysis of North American Region

This report highlights the impact of shale-based natural gas on the North American plastics market and features an in-depth analysis of production trends in the United States during 2013 and a forecast for 2014 and beyond.

Learn more

Upcoming Plastics News Events

September 10, 2014 - September 12, 2014Plastics Caps & Closures 2014

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

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

More Events