Keene Technology Inc., a world-class manufacturer of automatic splicers and turret rewinders, has announced that Quantum Design Inc. of Loves Park, Ill., has taken new ownership of the company.
KTI, originally founded in 1985 by John Keene, has decades of experience in developing splicing and rewinding equipment for the printing, packaging and converting industries.
Quantum Design Inc., a controls engineering and design firm that has an on-site panel building shop, has been in business since 1986 and is an industry leader in controls system automation. Quantum’s combination of engineering strength and control panel production experience is unique to the region and will bring new light to KTI. In addition, their controls engineering expertise will bring continuous improvement to the KTI product lines, specifically to the controls installed on their machines.
As part of the ownership change, Danny Pearse has taken over as President and Dave Culvey has taken over as Vice President of KTI. They currently serve as president and vice president of Quantum Design and have over 30 years’ experience in the controls engineering, electrical engineering and manufacturing industries. They plan to keep the company in its current location in South Beloit, Ill., and retain its current name, Keene Technology Inc.
Pearse and Culvey have already started on the development of new programs and improvement upon the current product lines that will bring the company to new levels. The company is committed to improving both the products and services of KTI to best serve the needs and goals of their customers.
“We are very excited about the new opportunities at KTI under this change," says Pearse "Dave and I have been fortunate enough to be a part of different manufacturing and engineering companies over the years that have continuously exceeded our expectations. We are looking at this change as the ‘Beginning of a New Era’ for KTI and look forward to making improvements that will better the customer relationships as well as the overall product lines.”
Keene Technology, Inc.