Acquisition Enhances Ability to Offer New Products and Services Worldwide
PEI-Genesis has acquired California-based Testco Inc., a supplier of passive, electromechanical, and interconnect components with 40 years of customer excellence. It was announced today by Steven Fisher, President & CEO of PEI-Genesis. The purchase allows the company to better serve a broader range of customers’ needs for IP&E product solutions.
“We consider ourselves to be the industry’s Trusted Advisors focused on solving our customers’ interconnect problems,” says Fisher. “This acquisition enhances that capability, further encouraging our customers to partner with us for a broader range of products and services.”
Testco supplies passive, electromechanical, and interconnect components with superior technical expertise and broad product knowledge. Serving technology companies worldwide for over 40 years, Testco offers creative supply chain solutions to meet customer requirements. With flexible blanket orders, bonded inventory, consolidated shipments, and annual pricing programs, Testco can solve the most difficult supply challenges.
Both companies share common core values, integrating integrity, excellence, service, and commitment to customers into every decision. This partnership will continue to bring great quality products and highly professional service to all customers in the future.
“Being a part of the PEI-Genesis family allows Testco to have the additional resources needed to grow our capabilities and better support our supplier partners and customers,” says Jeff Meyer, President of Testco. “I and the Testco team are excited about this new partnership and opportunity.”
PEI-Genesis will operate Testco as a separate company, continuing to work with Testco as an authorized supplier partner. The Testco division will now be championed by Richard Watt, Vice President of North America Sales at PEI-Genesis. Testco’s, Jeff Meyer, will remain as President to help grow and integrate its operations into PEI-Genesis. PEI will continue to support the existing Testco distributors and rep network.
For more information on PEI-Genesis’ Testco offering, visit the website here.
About PEI-Genesis
PEI-Genesis is one of the world’s fastest assemblers of interconnect solutions. From the largest connector component inventory in the world, they develop engineered solutions that support the military, industrial, medical, aerospace, transportation, and energy sectors worldwide. Headquartered in Philadelphia, PA, PEI-Genesis has production facilities in South Bend, IN; Southampton, UK; and Zhuhai, China as well as sales offices throughout the Americas, Europe, and Asia. More information may be found at www.peigenesis.com.
About Testco Inc.
Testco Inc. is a worldwide supplier of passive, electromechanical, and interconnect components. Serving technology companies, they have a sharp focus on customer satisfaction offering superior technical expertise with broad product knowledge. Headquartered in Silicon Valley, Testco offers creative supply chain solutions to meet customer requirements. More information may be found at www.testco-inc.com.