Newer Technologies has made the relationship with their manufacturing partner, Tri-M, official. Newer announced today that they will be entering into an equity partnership with the manufacturing company. According to Newer:
Tri-M has been building quality Newer Technology products for the last six months and has decided to make an additional substantial investment in Newer Technology, Inc.
Gerald Minjoot, managing director, Tri-M stated, "Tri-M is delighted to combine the quality culture of Tri-M and its manufacturing capability with the creative culture of new product development at Newer Technology. This combination will propel Newer Technology into years of future growth and industry leadership."
Tri-M provides quality built, fully tested turnkey products for Newer Technology. Tri-M, fully ISO 9001 rated, has earned the highly prestigious Singapore Award of Excellence. "In fact, Tri-M has produced the highest quality products that Newer Technology has ever offered," said James Wiebe, Newer Technology founder and vice president of engineering.
In addition to Tri-M's financial support, they will assume several Board of Directors' chairs for Newer Technology. The Tri-M board members are: Gerald Minjoot, Hamid Jinnah, Kenneth Chu and Robert Bradley. The addition of this new talent offers an international perspective to Newer's guiding body.
You can find more information at the Newer Technologies web site.