Miratech, Phillips & Temro Form New Silencing Business
Miratech and Phillips & Temro Industries’ silencing business (PTI Silencing) have announced the formation of a new company, Miratech Group, LLC, which is dedicated to manufacturing emissions reduction and silencing technology for large industrial engines. The new company is being formed by Audax Private Equity through its investment in Phillips & Temro Industries (PTI) by spinning-off PTI’s silencing business and simultaneously acquiring Miratech to form the Miratech Group. No financial details were provided.
The new company will be headquartered in Tulsa, Oklahoma and will continue to do business in the PTI Silencing facilities in Minnesota and Winnipeg.
Miratech specializes in catalysts, housings, silencers, emissions reduction and monitoring systems for stationary engine applications such as power generation and gas compression. PTI Silencing is a manufacturer of silencers and exhaust system marketed under the EM and Cowl brands for mobile, stationary and marine engine applications.
“Combining these teams gives Miratech strong expertise in both technology and manufacturing,” said Miratech Group President and Chief Executive Officer Kevin O’Sullivan. “Our goal is to be a leading manufacturer and provider of emission and noise attenuation solutions within the North American large format industrial engine market.”
With the PTI Silencing combination, Miratech now operates three facilities in North America. Miratech’s headquarters in Tulsa, Okla., is a 29,000 sq. ft. facility that includes an innovation center focused on new product development. PTI Silencing operates two manufacturing facilities, including a 54,000 sq. ft. location in Prior Lake, Minn., for its EM Products silencers and a 17,000 sq. ft. facility in Winnipeg, Canada, for its Cowl silencers.
“This larger platform gives Miratech a distinct competitive position with the resources to innovate, develop and grow in the global industrial engine space,” O’Sullivan said.
Miratech now offers a full suite of emission and acoustic solutions for industrial engines including catalysts, housings, silencers, control and monitoring systems and other related services.”
The company’s combined management team includes O’Sullivan; Chief Technology Officer Bill Clary, a 21-year veteran of Miratech; David Zenthoefer, executive vice president of Sales, who has been with Miratech for eight years; Vice President of Production Tom Meline, was vice president and general manager of PTI Silencing where he has worked for 17 years; and Vice President of Engineering John Sartain, who has 15 years of service with Miratech.Edit Module