Tenere expands rapid prototyping with acquisition
Tenere acquires Protogenic to expand its rapid prototyping capabilities, including laser sintering and 3D printing.
Dresser, WI - Tenere Inc., a designer and fabricator of complex metal and plastic components and assemblies, has announced that it has acquired Protogenic, a rapid prototyping and casting company. The acquisition expands Tenere's portfolio of services for helping manufacturers transform complex engineering concepts into commercial products.
"Tenere was attracted to Protogenic's expertise in a wide range of rapid prototyping processes," said Jon Fisk, Tenere's VP of Operations. "We have been impressed by Protogenic's ability to create high-quality prototypes in a fast-paced industry."
Protogenic makes high-quality prototypes using advanced capabilities such as stereolithography, laser sintering, 3D printing, cast urethane, and cast silicone. The company takes pride in building long-standing relationships with manufacturers in fast-moving industries such as medical devices, aerospace, defense, electronics, and consumer goods. Protogenic serves more than 800 customers each year with its custom casting and prototyping services. Founded in 1990, the company operates in Westminster, CO, with ~38 employees and 22,000 square feet of manufacturing space.
"We're excited to become part of Tenere," said Jason Boh, the head of Protogenic. "The investment possibilities will allow Protogenic to grow and continue providing customers with the latest technologies and services to meet their advanced manufacturing needs."
In Tenere's acquisition of Protogenic, Cole Taylor Bank and Medley Capital served as the lenders, and Goodwin Procter provided legal counsel.
Tenere Inc. makes advanced, customized components from metal and plastic. Founded in 1966, the company operates four manufacturing facilities in Wisconsin and Colorado. Tenere was acquired by the Watermill Group in 2012. Tenere fabricates sheet metal, injection molded products and machined products, as well as providing integration and system-level assembly services. Tenere is a full-service supplier to original equipment manufacturers (OEMs) in the network communications, enterprise software, agriculture, medical and aerospace industries.
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