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

  • IRD announces strong third quarter, launches new products
    October 14, 2016
    Intelligent transportation systems provider International Road Dynamics (IRD) has announced solid financial results for the third quarter of 2016, with revenues up 16.0 per cent to US$36.6 million (CA$48.4 million) on growth in key North American markets and an increase in gross margin to 32.5 per cent. Nett earnings increased 27.5 per cent to US$1.6 million (CA$2.2 million). The company says it is in a strong financial position with working capital of US$10 million ($13.3 million). According to Terry Be
  • Lidar: the consolidation conundrum
    March 12, 2024
    There has been a great deal of flux and restructuring over the last few years in the Lidar market – what drives this and where will it end? Only one way to find out: Adam Hill asks the experts
  • Kistler Group plans further growth through innovation
    February 3, 2016
    With sales of US$341 million in 2015, the Switzerland-based Kistler Group overcame currency-related challenges to achieve continued growth and create some 120 new jobs around the world. The dynamic measuring technology manufacturer plans targeted investments in R&D during 2016 in order to develop innovative products and application-specific services. Kistler intends to expand its service offering by continuing to introduce application-specific service products until 2020. Innovative products will be ad
  • World Card Summit: 'Significant opportunities and challenges,' says G&D
    November 20, 2013
    Speaking on cloud-based security and mobility at this year’s World Card Summit Axel Deininger, Giesecke & Devrient’s President and Head of Secure Devices Division, said that the already large number of ‘Card not Present’ transactions offer security solution providers significant opportunities and challenges. But, he added, solutions for data encryption can in many cases be derived from existing portfolios – the key is providing both access and secure end-to-end solutions.