Tenere (2)

Wednesday, 06 December 2017 17:53

Tenere Names Brian Steel as Chief Executive Officer

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Tenere Inc. announced that Brian Steel has been named its new Chief Executive Officer. Steel has a rich history in scaling global sales organizations and most recently served as Vice President of Global Sales and Marketing at Tenere.

“It’s an honor to be given the opportunity to lead the exceptional team at Tenere and to continue to support our customers in fast changing, dynamic markets,” stated Steel. “I am looking forward to leading Tenere into its next phase of growth, one that I believe will set us apart as a leading global contract manufacturing partner of premier plastic and metal products. Tenere’s deep mechanical engineering expertise, combined with our prototyping and manufacturing capabilities across North America enable us to deliver unmatched speed, flexibility and quickly scale production for complex customers.”

Prior to joining Tenere, Steel was Vice President of Global Sales at PCH International, where he exponentially grew its turnkey solution development and custom manufacturing business serving some of the world’s leading brands including Apple, Dell, Google, Go-Pro, and Microsoft. Previously, he served in sales leadership positions at supply chain services provider Zomax, where he successfully reversed flat to declining existing customer revenue streams resulting in year-over-year revenue growth for key accounts, and at outsourced hosting and technical services vendor Agiliti, where he led all of the firm’s direct and indirect salespeople in execution of the company’s national sales strategy.

“We’re thrilled to have Brian at the helm at Tenere,” stated Robert Ackerman, Partner at Watermill Group, the private equity owners of Tenere. “With the company’s expected global growth following its recent expansion in Mexico, the opportunities for Tenere are tremendous. Brian’s deep experience with growth acceleration and strategy implementation, along with his strong customer focus, will help keep Tenere on a strong growth trajectory.”

Friday, 15 May 2015 12:04

Tenere Acquires Mountain Molding

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Tenere Inc., a full service provider of complex metal and plastic components and assemblies, announced the acquisition of Mountain Molding, LLC, a custom plastics injection molding company offering both tooling and production. The acquisition broadens Tenere’s plastics offering, and enhances their services and capabilities allowing customers to go from product design and prototyping to production quickly and seamlessly.

“We’re proud to welcome Mountain Molding to the Tenere family,” stated Greg Adams, CEO of Tenere. “Mountain Molding shares our commitment to providing the highest level of service and product quality to customers. By combining forces, we look forward to offering all customers greater flexibility and an enhanced menu of capabilities to better meet their needs at any stage of the product life cycle.”

Mountain Molding has been providing custom plastic molding services since 1976 with an attention to excellent service, superior quality, and comprehensive customer support. Mountain Molding serves customers in the medical, security, pet products, consumer products, electronic equipment, and defense industries, among others. Mountain Molding provides its customers with a broad spectrum of services including new mold design and development, transfer of existing molds, injection molding, assembly, contract manufacturing, inventory management, and full product life cycle support. Located in Longmont, Colorado, the company operates with over 50 employees and approximately 50,000 square feet of manufacturing space.

“We see strong synergies with the team at Tenere and believe this combination will greatly benefit all our customers,” stated Don Cheyne, president of Mountain Molding. “The greater depth of resources and experience available with our partner will allow us to enhance and expand the services we offer.”

In Tenere’s acquisition of Mountain Molding, MB Business Capital and Medley Capital served as the lenders, and Goodwin Procter LLP provided legal counsel.

Tenere Inc. makes advanced, customized components from metal and plastic for companies with highly demanding, fast-changing product needs. Founded in 1966, the company is headquartered in Dresser, Wisconsin, and operates four manufacturing facilities in Wisconsin and Colorado. Tenere was acquired by Watermill Group in 2012. Tenere specializes in fabricated sheet metal, injection molded products, machining, and rapid prototyping, as well as providing integration for system-level assembly services. Tenere is a full-service supplier to original equipment manufacturers (OEMs) in the network communications, agriculture, medical, and aerospace industries.

For more information, visit: www.tenere.com

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