Phillips & Temro Industries Acquires Wolverine Engine Heaters
acquired Yakima, WA-based Wolverine Engine Heaters, thereby strengthening its OEM and aftermarket business for trucking, automotive, oil and gas and off-road business.
- (1888PressRelease) October 18, 2017 - Eden Prairie, MN - Phillips & Temro Industries (PTI) today announced the strategic acquisition of Wolverine Engine Heaters, provider of heaters for industrial hydraulic systems, commercial and personal vehicles and other markets. PTI and Wolverine have enjoyed a mutually beneficial distribution agreement for the past four years. This transaction represents a unique and significant opportunity to combine the strengths of both organizations and drive their advantages in the global markets in which they serve.
Based in Yakima, Washington, Wolverine Heaters is proud of its 24-year history in providing high quality heating products for a wide range of applications.
Tom Moser, Phillip & Temro Industries’ President, stated, "We are excited to welcome Wolverine Heaters to the PTI family. We look forward to continuing to serve trucking, automotive, oil and gas and off-road vehicles and other markets with critical scale and a leading market position in those industries. Wolverine has a strong management team and an outstanding customer service reputation, and our similar cultures and histories make this acquisition an excellent strategic fit. We look forward to collaborative contributions for ongoing success."
About Phillips & Temro Industries
Phillips & Temro Industries (PTI) is a global OEM and aftermarket provider of custom engineered thermal systems and solutions. Trucking, automotive, oil and gas and off-road vehicles are just a few of the diverse markets that benefit from PTI’s heating, cooling and electrification solutions. PTI manages the entire process from concept design, prototyping and testing to delivery with a focus on quality. PTI’s portfolio of technologies is an amalgamation of brands, including Zerostart, Temro, Arctic Fox, Idle Free Systems and Truflo.
http://www.phillipsandtemro.com
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