Canadian investment in A&E

In Issue12, WoodTECH by FIEALeave a Comment

Leading Canadian Sawmill Machinery Manufacturer TS Manufacturing has recently acquired a majority shareholding in Automation & Electronics NZ Ltd and its AEUSA division based in North Carolina. The acquisition strengthens TS Controls division in the North American market by adding additional controls support combined with AE Optimization technology.

A&E is a well-established company with a 33-year history in the Australasian wood processing market combined with AEUSA having a ten-year presence in the US market. The acquisition consolidates A&E’s position in the US market enabling significant growth and further R&D investment.

For A&E in New Zealand it means business as normal and continuing to support existing clients along with traditional engineering partners in Australia and New Zealand. Brian Smith founding Director of Automation & Electronics says “this is an exciting time for the business that enables us to expand our North American presence, increase our global engineering capability and at the same time be able to better support our Australasian and OEM clients with the added value of TS support in behind.

The other exciting factor in the negotiation is we have retained our valued twenty-five-year association with Windsor Engineering Group who remain as a shareholder within the company which further consolidates the company’s position. There is also opportunity for a Windsor and TS manufacturing combination and we already have one major project on in Alabama where both companies are suppliers to the same mill.

Source and image credit: A&E

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