As you may or may not be aware, Modern Equipment Company has been under the leadership of Dunes Point Capital, LLC (DPC) since mid-2014 along with The John Wood Company of Oaks PA. Our new landing website is JWMCOMPANY.com
In an effort known as, “JWM”, the consolidation of these two outstanding industrial companies has been underway since September 2014. On the front end of the business this is seamless as we fully expect to maintain the uniqueness of these two venerable brands. For both our partners as well as our customers this synthesizing of talents, knowledge and resources will be transparent in terms of transactions and relationships. In short, interactions with the brands will continue unchanged. On the backend of the business we are rapidly integrating certain aspects of the business such as Sourcing, HR, AP/AR, Engineering, Finance and Administrration.
Our parent company (DPC) has substantial capital and robust plans for investments in both brands supported by very strong, thesis driven acquisition strategy focusing on businesses that complement our platform company. Capital investment and acquisition activities are already underway. Acquisitions of a complementary nature that enhance our current offering and market presence are of particular interest.
Additionally JWM is committed to developing new products and services along with capital and other infrastructure investments already under way. Our management team is one that is both process driven and collaborative, especially with regard to the sales and marketing process. Recent additions include Jim Keller – Vice President Finance, Rob Polich – Vice President Sales & Marketing, and veteran Modern Operations Director Joe Girard as VP-Operations. All of these assignments are JWM specific and enterprise wide, meaning assumed responsibility for both our Wisconsin and Pennsylvania business locations.
I know I speak for all of the JWM management team in assuring you that we value our relationships with our channel partners and customers and welcome any conversation that benefits the growth and reach of our respective businesses.