Wisconsin firm acquires Longmont-based Mountain Molding

LONGMONT — Mountain Molding LLC near Longmont has been acquired by Tenere Inc., a provider of metal and plastic components and assemblies based in Dresser, Wis.

Financial terms of the deal that was announced Tuesday were not disclosed. It’s the second time in two years that Mountain Molding as been acquired. In 2013, the company was acquired by Arcady Capital Co., a Wichita, Kan.-based private-equity firm.

Mountain Molding, founded in 1976, is located along the Interstate 25 frontage road east of Longmont. It is a custom plastic-injection molding, tool-making and contract manufacturer serving industries including medical-device manufacturers, security and pet products. It has about 60 employees working in a 50,000-square-foot manufacturing space.

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“We see strong synergies with the team at Tenere and believe this combination will greatly benefit all our customers,” said Don Cheyne, president of Mountain Molding. He said all employees will remain and expects to grow the workforce in the future.

“The greater depth of resources and experience available with our partner will allow us to enhance and expand the services we offer,” Cheyne said.

The acquisition broadens Tenere’s plastics offering, and enhances it services and capabilities allowing customers to go from product design and prototyping to production seamlessly. The company has four manufacturing plants, including one in Lakewood. It also operates Protogenic LLC in Westminster, which specializes in 3-D printing and rapid prototyping.

“We’re proud to welcome Mountain Molding to the Tenere family,” said Greg Adams, CEO of Tenere. “By combining forces, we look forward to offering all customers greater flexibility and an enhanced menu of capabilities to better meet their needs at any stage of the product life cycle.”