Skip to main content

Pathfinder buys control room console group Winsted

Pathfinder Companies has bought control room console provider Winsted Corporation.
November 22, 2019 Read time: 1 min

Jack Cardwell, previously at 4080 3M, is Winsted’s new CEO. He was at 3M for 27 years, most recently as vice president, marketing and sales operations. Randy Smith will continue as Winsted’s president.
 
Winsted has been owned and operated by the Hoska family since 1963 but former Winsted owner Steve Hoska said selling was “the right decision for Winsted to move forward”. He added: “We trust the Pathfinder team to support the best long-term interest of the company.”
 
Pathfinder partner Jack Helms said the acquisition is “an exciting opportunity for us”.

For more information on companies in this article

Related Content

  • Diverse development of tolling business models
    April 25, 2013
    A diversity of tolling business models offers a wider toolbox of highway finance options, as the IBTTA’s Patrick Jones explains. The business models for America’s tolled highways have gone through several different evolutions over the last 75 years, reflecting a succession of shifts in transportation policy and politics, financing and funding models, urban patterns, customer needs, and technology. And with more and more decision-makers expressing renewed interest in tolling, it’s that very diversity that ma
  • Interview with new ITS America chairman David St Amant
    April 23, 2013
    David St Amant, incoming chair of ITS America, on the exciting and challenging road ahead for ITS
  • Fix 66 group advocates for I-66 HOT Lanes
    July 9, 2015
    A new group called Fix 66 has been formed to advocate for a managed lanes and bus rapid transit system in the I-66 corridor, outside of the Capital Beltway, by maximising private sector investment and minimising potential impacts to its communities, businesses and commuters during construction. Anthony Bedell, a lifelong Fairfax County resident, local political leader and former official of the US Department of Labour and US Small Business Administration, says he is starting the Fix 66 group to give a vo
  • Royal Imtech results ‘a decisive step’
    August 26, 2014
    Royal Imtech has published its second quarter and half year 2014 results, taking what the CEO, Gerard van de Aast says is “a decisive step in Imtech's financial recovery”. The company has reported significant debt reduction and a fully underwritten rights issue of US$791 million. Revenue in the second quarter was US$1.2 billion, with an EBITDA loss in the same period of US$18.4 million. Order intake in the second quarter was US$1.24 billion. In addition, Imtech has reached agreement with Vinci SA on