PEI-Genesis has acquired California-based Testco Inc., a supplier of interconnect, passive and electromechanical (IP&E) components with 40 years of customer excellence. The purchase allows the company to better serve a broader range of customers’ needs for IP&E product solutions.
“We consider ourselves to be the industry’s Trusted Advisors focused on solving our customers’
interconnect problems,” said Steven Fisher, president and CEO of PEI-Genesis. “This acquisition enhances that capability, further encouraging our customers to partner with us for a broader range of products and services.”
Testco supplies IP&E components with superior technical expertise and broad product knowledge. Serving technology companies worldwide for over 40 years, Testco offers creative supply chain solutions to meet customer requirements. With flexible blanket orders, bonded inventory, consolidated shipments and annual pricing programs, Testco can solve the most difficult supply challenges.
Both companies share common core values, integrating integrity, excellence, service and commitment to customers into every decision. This partnership will continue to bring great quality products and highly professional service to all customers in the future.
PEI-Genesis will operate Testco as a separate company, continuing to work with Testco as an authorized supplier partner. The Testco division will now be championed by Richard Watt, vice president of North America sales at PEI-Genesis. Jeff Meyer will remain as president of Testco to help grow and integrate its operations into PEI-Genesis. PEI will continue to support the existing Testco distributors and rep network.
