Louisville, KY – Thermex-Thermatron Systems (“Thermex”), a portfolio company of Druid Capital Partners, strengthens its position as the leader in the radio frequency (“RF”) and microwave (“MW”) technology arena with the acquisition of Jacksonville, Florida-based JTE Machines (“JTE”). Thermex-Thermatron is a proven industry force in manufacturing high-power industrial RF and MW Systems for heating dielectric materials. JTE’s position as an innovative engineering, design, and automation firm for RF and other forms of material sealing is well known throughout the industry.
Notably, JTE’s use of cutting-edge technology aligning with Thermex’s drive to improve production, creates a powerful alliance. JTE designs, engineers, and manufactures sealers (radio frequency, impulse, and ultrasonic), while specializing in the automation within a production cell. JTE also serves as the North American distributor for internationally recognized FIAB RF Traveling Welders which are heavily used in the industrial fabric industry, and European-based Oteman, a leader in industrial cutting machines.
Thermex is very excited to welcome Jens and Traci Evling and several members of the JTE team to build the next chapter together. Thermex commends Jens’ reputation as one of the few expert RF welding engineers in North America and Traci’s ability to create strength in new markets from medical products, to belt welders and personal protective equipment. Traci, Jens’, and several other JTE employees will be joining Thermex, which will further enhance the company’s engineering, manufacturing, and service offerings.
Thermex President and CEO, Ray Lund, has been working closely with the Evlings over the last several months to finalize the acquisition. Ray adds, “We are anticipating that this addition of the JTE team will allow us to better serve existing customers and make continued strides in the automation, fabric, and belting industries. JTE is a great brand to bring under the Thermex banner.”
Jens and Traci along with their JTE team are looking forward to combining resources with Thermex and are ready to help Thermex take innovation and automation of RF and MW equipment to new levels. “I can’t think of a better next step for the team and for our customers. With the history and rock-solid operations of the Thermex team, combined with the unwavering commitment to quality and innovation of the JTE team, we will be a force that is unstoppable,” predicts Traci Evling.
About Thermex-Thermatron – Thermex is the industry leader in manufacturing Industrial RF Welding and RF Sealing Equipment, Industrial Microwave Systems, and Industrial Thermal Press Sealing Systems, based in Louisville, KY and backed by industrial equity provider, Druid Capital Partners. Thermex brings more than 75 years of expertise to the table to help you improve manufacturing quality and productivity and to help address new production challenges. The result is a better engineered product that has been customized to the unique needs of your industry or company. For more information, please visit www.thermex-thermatron.com.
About JTE Machines – Over the past 21 years, together with a loyal and multi-talented team, Jens and Traci have delivered almost 600 machine solutions to manufacturing customers across North America and throughout the world. During that time, JTE has been recognized on a local, state, and international level for its high level of growth in manufacturing, and its innovative solutions throughout the industries it serves. To find out more, visit jtemachines.com.
About Druid Capital Partners – Formed in 2015, Druid Capital Partners is a boutique investment manager focused on investing in private companies in the Southeast, targeting specialty manufacturing, value-add distribution, and industrial services. Druid Capital invests via majority acquisitions and recapitalizations in established companies alongside motivated, entrepreneurial owners and managers, providing a reliable, trusted, and local source of equity capital. For more information, please visit www.druidcapital.com.