JHFOSTER Acquires PTS Products
Nationally known for manufacturing and building custom enclosures and electrical control panels
Eagan, Minnesota, October 27, 2022 – JHFOSTER Minnesota, Inc. (JHFOSTER), a value-added distributor of electrical and pneumatic parts and accessories, compressed air systems and robotics, has finalized its acquisition of PTS Products. Known nationally for manufacturing and building custom enclosures and electrical control panels while providing assembly (electrical, wire harness and cables) for Original Equipment Manufacturers (OEMs), PTS Products also specializes in providing a wide variety of contract manufacturing services and products. They also offer kit services, which enables companies to perform their own install.
PTS will join the JHFOSTER Automation Group of companies that continues to expand and includes Sensors Incorporated, Sensors Integration and Automation & Robotics Solutions (A&RS).
“We are pleased that PTS is joining the JHFOSTER group of companies”, Nicholas W. Martino, JHFOSTER CEO and President. “This acquisition will add additional automated panel design, build and assembly capability that will support our own internal growth needs of our Automation and Robotics Group, and add additional product offerings to our expanding customer base. PTS will join our Automation Group of companies, led by Tim Swedberg, Sr. Vice President, and will maintain its market facing operating independence, while simultaneously benefiting from the expanded capabilities offered by JHFOSTER,” Mr. Martino added.
Paul Soberg, President of PTS Products, added “We are pleased to join JHFOSTER and its Automation Group of companies, and look forward to being able to add significant scale to the company’s panel capabilities; as we too will benefit from the sales and synergies that will result from our combined businesses.
PTS Products will continue to operate locally and nationally under the same brand, and remain at its headquarters in Maple Plain, Minnesota. JHFOSTER will continue to operate in its five-state territory, and from its main location in Eagan, MN.
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About JHFOSTER Minnesota
Founded in 1938, JHFOSTER designs and customizes products and solutions to automate manufacturing applications for companies in Minnesota, Wisconsin, North Dakota, South Dakota and Iowa. JHFOSTER provides compressed air systems and automation solutions collectively, allowing a unique collaboration with both the supply and demand sides of compressed air systems while also offering value-added engineering, design services, installation and warranty expertise, and continued support from certified technicians after the sale.
JHFOSTER was acquired by High Road Capital Partners in May of 2019 and is committed to implementing organic and acquisitive growth strategies that uniquely enhance the company in its served geographies. JHFOSTER will continue operations with an advanced robotics design and training facility and UL 508A-certified control panel shop also in Eagan, and offices in Hiawatha, Iowa, and Fargo, North Dakota. In addition to a full mobile service team with substantial stock of inventory serving our territories.
About PTS Products
Located in Maple Plain, Minnesota, PTS operates out of a large warehouse, which includes a machine shop that is UL 508a certified. PTS offers diverse services related to panel building and assembly and can custom build control panels for any industry. PTS has the experience and training to build electrical panels directly from schematics and drawings and has access to an onsite custom CNC machine. They offer a wide variety of contract manufacturing services and products, including, but not limited to, automated wire cutting, stripping machines, automated crimping machines, part kits and PCB Assembly/Testing. PTS Products was founded in 2001 and is dedicated to quality, attention to detail and customer service.