Mesnac acquires Test Measurement Systems
Tyre equipment manufacturer and software provider Mesnac has purchased a majority interest in US firm Test Measurement Systems, Inc. (TSMI) for an undisclosed amount. The TSMI brand and identity will be retained following the deal, states Mesnac. Dr. Jerry Potts, CEO of the Akron-based firm, and other senior TSMI management staff will remain with the business and work with Mesnac to identify opportunities for growth, product innovation and diversification.
TMSI, which was founded in 1991, specialises in the design and manufacture of custom-designed scientific and test engineering systems for the tyre and automotive industries. “Development of the next generation of test and measurement machines will be greatly enhanced by the acquisition of TMSI and the contribution from Dr. Potts and his team,” said Mesnac president Wang Jinjian. “The collaboration between TMSI and Mesnac’s global R&D facilities, especially the R&D institute in Asia, will greatly enhance our ability to provide global customers with leading edge technology.”
Mesnac supplies a wide range of tyre manufacturing equipment, ranging from raw material mixing to final product testing. In its home country it operates research institutes in Qingdao and Beijing, and internationally in the UK, Europe and US. It also has sales and service operations in North and Latin America, Europe, the Asia Pacific, India and China. “Mesnac’s global marketing and service network will provide TMSI with strong growth prospects and which will bring our customers more value-added solutions and services,” commented Dr. Potts.
Zheng Jiangjia, president of Mesnac’s sales and marketing group, added: “We are looking forward to incorporating the TMSI equipment into our global product range which enhances our ability to offer our customers an extended variety of world class testing machines.”