Wiring Harness News Sep-Oct 2022 - Page 59

INDUSTRIAL INFO-TAINMENT Wiring Harness News SEPTEMBER / OCTOBER 2022 59
Volunteerism and Charity Matching Program Touch on TTI ’ s Legacy of Giving
TTI , Inc . is pleased to announce a new employee Paid Volunteer Time Off ( VTO ) program that brings a special opportunity for North America TTI Family of Specialists team members to dedicate time off to a charitable organization of their choosing . The heart of the program ’ s mission recognizes that the time spent participating in charitable activities not only contributes to the overall well-being of our communities , but it also enriches the lives of our employees .
Accompanying the rollout of the VTO program , TTI is offering a charity matching donation program that has been established to provide employees with the opportunity to donate to designated 501 ( c )( 3 ) organizations that mean the most to them . Monetary contributions made by employees will be matched dollar for dollar up to a designated annual amount by TTI through Fidelity ’ s Workplace Giving platform .
In announcing the launch of the program inspired by the legacy of TTI ’ s late founder , Paul Andrews , Traci Nelson , TTI Vice President of Human Resources , offered , “ At TTI , we are truly grateful for our employees and the communities in which we work and live . In order to show our GraTTItude , we want to collectively put the strength of the TTI family behind our employees ’ efforts to give back to the charities they care about with both their time and monies .”
About TTI TTI , Inc ., a Berkshire Hathaway company , is an authorized , specialty distributor of electronic components . Founded in 1971 , the emphasis on a broad and deep product portfolio , available-to-sell inventory and sophisticated supply chain programs has established TTI as a distributor of choice to manufacturers in the industrial , defense , aerospace , transportation , medical and communications sectors worldwide . TTI and its wholly owned subsidiaries , the TTI Family of Specialists , Mouser Electronics , Sager Electronics and the Exponential Technology Group employ over 8,000 people in more than 136 locations throughout the Americas , Europe , Asia and Africa . Globally , the TTI Family of Specialists maintain over 3 million square feet of dedicated warehouse space in 30 distribution centers . For more information about TTI , visit www . tti . com .
LEDtronics New Low Voltage LED Bulbs are a Bright Solution to Compact Illumination
LEDtronics ® adds two new lowvoltage , single-contact , bayonet-based LED bulbs to its series of ultrabright , direct incandescent replacement lamps in automotive , accent lighting and compact illumination applications that offer up to 90 percent energy savings .
The 8-LED B608-SIW-006M uses only 0.8 watts and produces luminous intensity of 63 candelas , while the 18- LED B618-SIW-006M uses 1.7 watts and produces 77 candelas . Both bipolar lamps use a 15mm single-contact bayonet for lines running 6 volts DC and readily adjust to direct-current polarity . They are ideal in maintenance-intensive and low-voltage applications such as automotive and gaming candle indicators
, indicator lights for instrumentation , panel mount pilot lights , as well as accent and task lighting . They are also suitable for use in open luminaires .
Both compact LED bulbs provide 3000K warm-white illumination with an inline beam angle of 55 to 60 degrees , with B608 offering more than 47 lumens at an efficacy of 57.5 lm / W , while B618 produces 85 lumens at an efficacy of 48.8 lm / W . They boast lumen maintenance of over 70 percent at 50,000 hours , operating reliably year-after-year within a wide operating temperature range of ~ -22 ° F to ~+ 122 ° F ( -30 ° C to + 50 ° C ).
These energy-efficient and longlived illuminators come with a singlecontact bayonet Ba15s brass base and a white Rynite FR530 sleeve . Their solid-state design renders them impervious to electrical and mechanical shock , vibration , frequent switching and environmental extremes . They provide sharper , higher intensity illumination and better visibility than standard lamps , and achieve full brightness more rapidly , with a faster turn-on and reaction time compared to incandescent lamps .
All this translates to maintenancefree operation results with substantial cost savings .
The new B6x8-SIW-006M LEDtronics compact , ultrabright , low-voltage SC bayonet-based LED lamps come with an unconditional 3-year U . S . factory warranty , and they are available through LEDtronics distributors . Options available for large quantities and qualified applications : Other colors and white color temperatures , other voltages , other miniature and subminiature bases – E12 , E14 , E17 , Ba15d , etc .
For more details and technical data , visit the product web pages : https :// www . ledtronics . com / Products / product _ select . aspx ? id = B608-SIW- 006M https :// www . ledtronics . com / Products / product _ select . aspx ? id = B618-SIW- 006M
Auxo Investment Partners and Precision Products Group Add to Specialty Manufacturer Platform with Acquisition of Breyden Products , Inc .
Private investment firm Auxo Investment Partners announced today that it has acquired Breyden Products , Inc ., which will operate under the Precision Products Group ( PPG ) platform and brand . PPG is the parent company of Paramount Tube — a premier manufacturer of industrial tubing — as well as Euclid Medical Products .
As PPG ’ s first acquisition under the ownership of Auxo , the deal advances Auxo and PPG ’ s plans to build a diversified platform of niche manufacturers with defensible market positions that unite ecofriendly solutions , mechanical strength , and material know-how under a collective focus on heat solvation , thermal control , and electrical insulation . The platform is seeking additive acquisitions with like-minded manufacturers focused in the electrical , defense , medical and consumer packaged
goods sectors .
Headquartered in Columbia City , Ind ., Breyden Products manufactures a complete line of military specification braided lacing tapes , twines , cords and sleeving that are used to secure and protect electrical components in the electric motor , defense and aerospace markets . Drawing on over 75 years of manufacturing experience , the company has refined a highly technical braiding and coating process that results in industry-leading products that are preferred by discerning end-market customers .
Since 1991 , Breyden has fostered relationships with best-in-class distributors in the aerospace and defense industries , as well as the burgeoning electric motor and transformer sectors .
“ The Breyden team is beyond excited about the partnership with Auxo , PPG and their portfolio of world class manufacturers ,” said Mike Zuber , Vice President of Sales for Breyden Products . “ Our deep and long-standing relationships with leading channel partners will support the continued growth and diversification of PPG in the aerospace , defense and electrical markets .”
Added Chad Heathco , CEO of Precision Products Group : “ We are thrilled to add Mike and the Breyden team to our growing PPG portfolio of specialty manufacturers . By bringing Breyden and our Paramount Tube division together under one roof , we will be able to provide the electric motor , defense and aerospace markets with an unprecedented product offering that leverages deep manufacturing expertise and material know-how .”
Specialty Manufacturing Platform Poised for Growth
Beyond continued growth in the defense and aerospace markets , the combination of Breyden and PPG ’ s Paramount Tube division is expected to greatly expand opportunities and market share in the electric motor market . Pairing the former ’ s braided manufacturing process with the latter ’ s state-of-the-art spiral-wound manufacturing process will offer customers a wider range of product solutions that improve product quality and performance .
Paramount Tube is the dominant player for mission-critical , small diameter spiral-wound and extruded tubular products known for providing highly customized , tight tolerance and uniquely shaped solutions . Applications include components for electric motors , transformers , fuses , automotive , single-dosage medications , pharmaceutical packaging , eco-friendly consumer packaging , and military ordinances .
“ The acquisition of Breyden expands Paramount Tube ’ s portfolio of offerings which enables our team to better serve our customers by providing a deeper and broader product line of custom solutions ,” said Tim Shaw , Vice President of Sales and Marketing of Paramount Tube . “ We look forward to maximizing the value and benefits that this combination brings to existing and new customers .”
“ From the moment we met Mike and Jay , we were immediately impressed with Breyden ’ s unique manufacturing capabilities , customer-focused culture and dominant market position ,” said Auxo co-founder and Managing Partner Jeff Helminski . It ’ s clear the company ’ s values are closely aligned with ours -- and its success has been driven by the leadership team ’ s unrelenting pursuit of excellence and customer service . We ’ re excited to honor the legacy they
have built and support them in leveraging their unique capabilities to expand their global footprint both organically and acquisitively .”
Advisors and lenders on the transaction included Miller Johnson PLC , Barnes & Thornburg LLP , BDO USA LLP , Marsh & McLennan , Aon Plc , Krauter & Co ., Thomas Brady & Associates , Mercantile Bank of Michigan , and Greyrock Capital .
Prior to Breyden Products , Auxo acquired 16 companies , most recently Golden State Assembly , a wire harness and cable assembly manufacturer , and Securit , a manufacturer of solid metal rivets . In late 2021 , Auxo acquired Genesis Rail Services and Ferrovia as part of its burgeoning rail platform . Earlier , Auxo acquired Bernal Rotary Dies , Atlas Die , AtlasFlex , Midway Rotary Die Solutions , DieCraft Engineering & Manufacturing , and GC Dies , which comprise the Impact Converting and Systems Solutions platform . It ’ s marine platform , Auxo Marine , was formed by the acquisitions of M / G Transport Services , a leading inland barge transportation and logistics company , and Andrie , the premier Great Lakes marine services company serving customers with challenging safety and specialty material handling and transportation requirements . Other acquisitions include : Paramount Tube and Euclid Medical , niche manufacturers of custom-engineered spiral wound tube and pharmaceutical packaging ; Prestige Stamping , a high-speed manufacturer of custom engineered stampings for the fastener industry ; and Altus industries , a leading supplier of medical carts and workstations .
A Long-Term , Collaborative Approach
Auxo continues to pursue additional opportunities in the specialty manufacturing space , and more broadly seeks to partner with companies that meet the following investment criteria :
• North America-based
• Manufacturing , industrial , valueadded distribution or business services industries
• EBITDA ( cash flow ) of $ 2- $ 20 million
• Owner-operators seeking retirement , family succession planning solutions or existing teams seeking to grow their businesses
• Prefer majority-control investments but will consider select minority-partner opportunities
About Auxo Investment Partners
Auxo Investment Partners is a Grand Rapids , Michigan-based private investment firm that partners with owners and management teams of companies at transition points in their history . Auxo ’ s flexible capital model allows for long-term , growth-oriented decisionmaking without artificial deadlines . The structure was specifically designed for family businesses facing a generational transition or management teams seeking a partner to fuel growth and achieve their full potential with a longterm investment approach . Auxo ’ s unique philosophy aligns the interests of its companies , their employees , the communities in which they are located and its investors to achieve optimal outcomes for all . As our name reflects , we are not merely investors , but partners . For more information , please visit www . auxopartners . com