Archive for the ‘Press Release’ Category

Tenere Expands Sheet Metal Fabrication to Mexico

Dresser, Wis. – May 27, 2016 – Tenere Inc. (Tenere), a full service provider of complex metal and plastic components and assemblies, announced the expansion of its sheet metal capabilities with the addition of a facility in Monterrey, Mexico.  The new Tenere Monterrey sheet metal operation is the company’s first wholly owned international site. “Tenere’s international…

May 26, 2016 | , , ,

The Watermill Group Named Private Equity Firm of the Year by The M&A Advisor

On November 17, The Watermill Group was named Private Equity Firm of the Year by The M&A Advisor, the premier global network of M&A, turnaround and finance professionals. The M&A Advisor Awards are widely respected as a pinnacle of achievement in the M&A industry. The Watermill Group was recognized along with its fellow deal making,…

November 23, 2015

The Watermill Group Acquires Quality Metalcraft Inc.

The Watermill Group acquires Quality Metalcraft, Inc. (QMC), a leading producer of engineered structural metal components and assemblies, providing advanced prototype, low-to-medium volume production and factory assist services to automotive and other specialty vehicle industries. Watermill will help QMC develop a long term strategy to deepen the company’s unparalleled commitment to service, while also driving…

July 1, 2015 | , , , , , , , , , , ,

Watermill’s Global Tubes Acquired by AMETEK, Inc.

Global Tubes is comprised of two businesses – Superior Tube Company, Inc. (Collegeville, PA) and Fine Tubes Ltd. (Plymouth, UK) – and was created in 2012 after they were acquired by The Watermill Group Sale price of $200 million represents significant return for The Watermill Group and its investors EBITDA more than doubled as a…

May 8, 2015 | , , , , , , , , , , , , ,

Tenere Completes Acquisition of Mountain Molding, LLC

Tenere Inc., a full service provider of complex metal and plastic components and assemblies, today 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…

May 5, 2015 | , , , , , , , , , ,

Watermill Group Expands Team

LEXINGTON, Mass.–(BUSINESS WIRE)–The Watermill Group, a strategy driven private investment firm, has expanded its team with three key hires spanning marketing, transactions and administration. As Director of Marketing, Sarah Bowen works on marketing and business development initiatives for the firm, as well as marketing strategy for select Watermill portfolio companies. Matt Bergin, who previously spent…

December 16, 2014 | ,

FutureMark Manistique Names Matthew Nightingale President and CEO

Manistique, MI—October 8, 2014— FutureMark Manistique, ( “Manistique”), a producer of uncoated Kraft and printing papers produced from 100% recycled fiber, today announced the appointment of Matthew Nightingale to the position of President and Chief Executive Officer. Nightingale joins Manistique with an outstanding track record of leadership in the paper industry. “Nightingale brings to Manistique deep…

October 8, 2014

FutureMark Alsip to Idle Mill

Alsip, IL— August 21, 2014 —FutureMark Alsip (Alsip Acquisition, LLC) today announced that, due to increasingly challenging market conditions in the North American coated paper market, it will indefinitely idle its mill in early September. Alsip is the only facility in North America making coated publication and printing papers predominantly from recycled materials. “This is…

August 21, 2014

FutureMark Paper Expand Client Roster in 2013, Breaks Ground in Educational Publishing

Westport, CT — November 22, 2013 — FutureMark® Paper Group, North America’s leading provider of responsibly made recycled paper, today announced the continued expansion of its customer roster among leading retailers, premier publishers and marketing services providers. The company reported new business wins in 2013 from Bed Bath & Beyond and Menards, as well as…

November 22, 2013