Panel Builder System Integrator

Techspan

April 19, 2018

Malcolm Bird, General Manager of Fusetek, and Frank Dunnigan, CEO of Techspan Industries, are pleased to announce the proposed sale of shares of Fusetek to Techspan Industries Inc. The expected closing date is June 12, 2018.

“After 45 years in business, we had to look at a succession plan” said Mr. Bird. “We looked for the right fit – not just for ourselves, but also for our customers, suppliers and employees. Founded in 1989, Techspan is a family owned Canadian company with a similar business philosophy and a set of corporate values that closely matched those of Fusetek. We couldn’t think of a better partner to carry the Canadian torch forward than Techspan.”

“We were looking for a strategic acquisition that would deliver more value to our distributor customers across Canada” said Mr. Dunnigan. “The Fusetek range of products are an excellent addition to our already extensive product offering.”

Techspan’s head office is in Mississauga ON and has a facility in Burnaby BC.

Fusetek will continue to be run as a separate division with no change in the current sales team. The Kingston warehouse and offices are a part of the acquisition and inside sales functions and product shipments will continue from Kingston for a seamless transition. Melding of finance and accounting functions will occur in short order.

Techspan supplies thousands of wiring products to electrical, automotive, and industrial distributors throughout Canada. www.techspan.ca

Fusetek is a recognized leader in industrial fuses and related panel products and similarly sells through electrical distributors across Canada www.fusetek.com

For more information, please contact Malcolm Bird mbird@fusetek.com

or Frank Dunnigan frank@techspan.ca

Tools for the Trade

  • Prev
  The new Crimpfox DUO 10 crimping pliers from Phoenix Contact are perfect  when ...
  As easy as pick, slip and apply!  This intuitive multi-tool is designed to help ...
  Strong Hand Tools®, manufacturer of innovative Strong Hand Tools® Welding Clamps, ...
  Strong Hand Tools®, manufacturer of innovative Strong Hand Tools® Welding Clamps, ...
  Keeping your bins full just got a lot easier – and a lot faster. Each IRWIN ...
Using connectors on UL 508A cabinets used to be a huge hassle for the panel-builder. As a result, ...
  Delta Controls launches support page for CP2000 variable frequency drives and bypass ...
  ABB Automation Builder is the integrated software suite for machine builders and system ...
  Eaton's Power Xpert Branch Circuit Monitor (PXBCM) provides remote access to live energy ...
  The Fluke 438-II Power Quality and Motor Analyzer adds key mechanical measurement ...

Peers & Profiles

  • Prev
  Few industrial innovations have weathered the years as well as heavy duty connectors. ...
As our population grows and consumers continue to rely on technology for both essentials and ...
  Engineers play a key role in the advancement of our infrastructure and the development ...
  Kymera Systems is located in Leduc, Alberta and provides scalable IIoT solutions and the ...
  JAE Automation is proof positive that a cutting-edge, high-tech company can work with ...
  Nivek Automatisation is a forward-thinking company focused on providing advanced ...
Recently Panel Builder & Systems Integrator was invited to Rittal Canada’s Head ...
  New Electric first opened its doors in 1970, in Burlington, Ontario. The electrical ...
  Changes are coming hard and fast to the control and automation sectors, obligating a rise ...
  OPUS Automation was founded in 1998 in Ancaster, On and provides robotic and automation ...

 

Siemens is setting the course for long-term value creation through accelerated growth and stronger profitability with a simplified and leaner company structure. The main aim of the Vision 2020+ company strategy is to give Siemens' individual businesses significantly more entrepreneurial freedom under the strong Siemens brand in order to sharpen their focus on their respective markets. Plans also call for strengthening the company's growth portfolio through investments in new growth fields such as IoT integration services, distributed energy management and infrastructure solutions for electric mobility.

Read More

 

Linear Transfer

From Modular Enclosures to Energy-Saving Cooling Systems, Rittal & Linear lead the way!

Linear, part of The Flodraulic Group of companies, is the world’s leading supplier of specialized press transfer automation solutions, backed by world class 24/7 support from many global locations.  In order to provide world-class service to their international clients, including 5 of the global top 10 automotive OEMs, global appliance and HVAC manufacturers, Linear has established service and support center in all regions where their equipment is installed.

Read More

 

 

Latest Articles

  • Prev
  Adding more intelligence to e-houses – while managing multiple vendors and meeting ...
  An Industrial Control System (ICS) needs the type of network security that takes ...
  Traceability can seem staggeringly complex. Barcode reading stations need to be integrated ...
The openSAFETY safety bus protocol can now be transmitted via UDP using the black channel ...
Every story has a beginning.  Welcome to the world of innovations and progress. Over 90 years ...

Product News

  • Prev
  Despite automated solutions, switchgear manufacturing still involves a great deal of ...
  Festo’s newest line of FDA-compliant pneumatic tubing – PTFEN – ...
  Despite automated solutions, switchgear manufacturing still involves a great deal of ...
Pilz is launching a new generation of field level devices with the decentralised I/O system ...
  Our service robotics modules give you an easy start in robotics. Assemble ...
  SecuriTEST IP is an installation and troubleshooting tester for digital/IP, HD coax and ...
  Like all EVO housings, the M1 single-module housings also feature a swivel cable gland ...
  For example, set up potential distributions consisting of CLIPLINE complete terminal ...
  HARTING is driving the development of the standardisation of the new Single Pair Ethernet ...
  Industry-leading automation solutions provider Omron Automation Americas recently ...
Kerrwil Publications

538 Elizabeth Street, Midland,Ontario, Canada L4R2A3 +1 705 527 7666
©2018 All rights reserved

Use of this Site constitutes acceptance of our Privacy Policy (effective 1.1.2016)
The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Kerrwil