Kent, Washington-based Shape Technologies Group Inc, a portfolio company of American Industrial Partners, has named James Jenson as president of its Component Shaping Group. Previously, Jenson worked at Veeco Instruments where he most recently served as a senior vice president and general manager of the Metal-Organic Chemical Vapor Deposition business unit. Shape is a provider of waterjet technology and ultrahigh-pressure manufacturing process solutions.
KENT, WA–(Marketwired – September 09, 2016) – Shape Technologies Group, Inc. (SHAPE), the world leading supplier of waterjet technology and ultrahigh-pressure (UHP) manufacturing process solutions, an American Industrial Partners (AIP) portfolio company, today announced that James (Jim) Jenson has joined SHAPE as President of the Component Shaping Group (CSG) business segment which includes world leading brands in waterjet process solutions: Flow International Corporation, Aquarese Industries, and TOPS. Jenson will be responsible for leading all commercial activities including: sales, marketing, technical service, customer service and support.
“Jim’s extensive experience leading operations at high growth technology companies will be a great asset as we continue to build the SHAPE platform and expand our global position in UHP process solutions,” says David Savage, chief executive officer of SHAPE. “His ability to drive excellence in the customer experience will add significantly to our capabilities in our component shaping division, allowing us to grow and expand in targeted advanced manufacturing applications worldwide.”
Jenson spent the past 10 years at Veeco Instruments where he was most recently senior vice president and general manager of the Metal-Organic Chemical Vapor Deposition (MOCVD) business unit, serving the LED industry. While at Veeco, Jenson held various senior executive roles within technology operating units and product groups including marketing in high growth, acquisition and turnaround situations both domestically and internationally. Previously, Jenson held similar senior executive roles during his 12-year career with Brooks Automation. He holds a B.S. in Electrical Engineering with honors from Pennsylvania State University, as well as a M.S. in Engineering Management and Operations Research from Northeastern University.
About American Industrial Partners
American Industrial Partners (“AIP”) is an operationally oriented middle-market private equity firm that makes control investments in North American-based industrial businesses serving domestic and global markets. The firm has deep roots in the industrial economy and has been active in private equity investing since 1989. To date, AIP has completed over 65 transactions and currently has more than $3.2 billion of assets under management. AIP invests in all forms of corporate divestitures, management buyouts, recapitalizations, and going-private transactions of established businesses with revenues of $100 million to $1 billion+. For more information about American Industrial Partners, contact Ben DeRosa, Partner at 212-627-2360, extension 200.
About Shape Technologies Group, Inc.
Shape Technologies Group, Inc. (“SHAPE”) is the world’s leading developer and provider of ultrahigh-pressure process solutions for advanced manufacturing and materials processing applications. SHAPE companies deliver innovative manufacturing process solutions to customers spanning 100 countries and a broad array of industries. SHAPE subsidiaries include KMT Waterjet, Dynamic Robotic Solutions, H2O Jet, Flow International Corporation, AquaFlow, Tech-Con Automation, Advanced Pressure Systems (APS), ProJet System, TOPS, and Aquarese Industries. For more information, visit www.shapetechnologies.com.