MTE Corp., a designer and manufacturer of power solutions for commercial and industrial applications, is merging with Sorrento Valley-based TEAL Electronics Corp., a developer of power solutions for OEM markets.
Wisconsin-based MTE and TEAL were separate companies within the SL Industries group of companies, and will now operate as MTE.
According to MTE, TEAL has been a power solutions provider to large OEMs (original equipment manufacturers) in the medical, semiconductor, military, and aerospace markets for more than 30 years. The individual product brands will continue to be marketed and sold under the new MTE.
MTE said the companies will maintain their R&D, engineering and manufacturing locations in San Diego; Menomonee Falls, Wis.; Singapore; Xianghe, China; Mexicali, Mexico; and Tecate, Mexico. Combined, there will be over 25 sales locations serving end markets through over 400 channel partners globally.
According to Donald Klein, SL Industries’ group president over MTE and TEAL, the combination of the two companies creates an exciting portfolio to serve current customers and penetrate new markets.