Diesel Engine Supplier Becomes New Platform Company

Morgenthaler, a supplier of diesel engines, announced their acquisition of Phillips & Temro Industries, Inc.

Morgenthaler supplies power industry brands that include ZeroStart(TM), Temro(TM), EM Products(TM), Cowl(TM), and Cab Power(TM), PTI supplies cold start and emissions control products to both engine and motor vehicle original equipment manufacturers as well as to the motor vehicle aftermarket.

They also provide diesel engine intake and exhaust silencing products to the stationary power generation, marine engine and off- highway industries. PTI's newest product offering, Cab Power(TM), provides systems that allow truck drivers to use in-cab electrical equipment without needing to run the diesel engines, reducing both fuel consumption and exhaust emissions.

Al Stanley, general partner at Morgenthaler Partners said, "Phillips and Temro is an engineering-driven company with highly regarded brand names and a strong market position in a growing industry, its industry leadership position, combined with solid technical capabilities, patented technologies and an extremely strong commitment to quality, makes it a very attractive company."

Morgenthaler's customers include Caterpillar, Cummins, Ford, Freightliner, General Motors, International, John Deere, Katolight, Kohler, PACCAR, and Volvo/Mack.