Pentrust Solutions Acquires TW Automation

Business advisory firm, Pentrust Solutions, announced its most recent acquisition of robotic work cell designer, manufacturer and integrator, TW Automation.

Six principals at Pentrust invested their personal dollars in the new venture. Tom Stadtmueller will leave Pentrus to serve as CEO of TW Automation.

"We're putting a bit of our money where our mouth is in that we're making an investment in what was a privately held company," Stadtmueller said. "My day-to-day job will be to grow this company and run it as an investment. We're not a private equity group. But our guys have a lot of experience with companies like Case Co., Hallmark, Cargill, General Electric and those types of things, so we bring an extensive amount of experience to the deal."

Stadtmuelle said the robotics industry has seen 30-40% growth in the last few years. "We're seeing a tremendous amount of manufacturing business coming back to the United States, that was previously sent overseas," Stadtmueller said. "It's creating big demand to automate today, particularly with welders. It's difficult finding experienced welders today, so as companies are trying to add capacity, they're turning to automation or robotics to do that."

More News:

  • Patent Dispute Settled Between Rockwell Automation and Beckhoff Automation

    Rockwell Automation's linear motor business, including its recent Jacobs Automation acquisition, has developed a substantial portfolio of patents comprising over 100 issued patents on linear motor technology alone.

  • Mergers, Acquisitions Alliances and Noteworthy News in Robotics

    Iten Industries, manufacturer of advanced composite components and materials headquartered in Ashtabula, Ohio, is now offering additive manufacturing and 3D printing services.

  • U.S. Economy Looks Up for Manufacturing Industries

    The August PMI is led by the highest recorded New Orders Index since April 2004, when it registered 67.1%.

  • ASME Forum Ignites 21st-Century Engineering

    Founder and president of HMI/SCADA software developer Iconics, Russ Agrusa, said the company is focusing on how to harness big data on any device and in any class of applications, and turn it into predictive analytics in manufacturing and business intelligence.

  • New Customer Care Center for Endress+Hauser

    To help customers keep up with today's challenges, Endress+Hauser's new, state-of-the-art Customer Center is suited to greet visitors with a top-notch certified training facility with multiple classrooms and its largest yet PTU controlled by Rockwell Automation's PlantPAx system for real-world process simulation with over 120 measuring points.

  • The Rise of Aluminum in the Industrial Sector

    It is not just price that makes aluminum appealing when put alongside copper in the production of items like electrical wires and cables, though.

  • Maverick Acquires CQS Innovation Expanding Process Expertise in the Life Sciences Industry

    The acquisition expands Maverick's size and scale as a global organization with 19 office locations and 500+ engineering professionals. In addition, Chris Roerig, current president of CQS Innovation, will join Maverick as industry manager for life sciences.

  • ISA Offers Cybersecurity Certificate Program

    The program consists of passing a course on using the ANSI/ISA-62443 standards to secure industrial control systems. The course is available in the classroom or online. Students must also pass a written exam in the classroom or online.

  • Fieldbus Groups 'Unite'

    The combined power of both organizations will aim to protect the investments that end users in process automation have made in HART and Foundation fieldbus communication technologies.

  • Guess Who Just Turned 125 Years Old?

    ABB recently celebrated its 125th anniversary in Finland.

All news »

What are your comments?

Join the discussion today. Login Here.


No one has commented on this page yet.

RSS feed for comments on this page | RSS feed for all comments