Koden sells SI-TEX brands to NSME

Posted on

Koden America Inc., a subsidiary of Koden Electronics Co. Ltd. in Japan, has sold the SI-TEX brand to NSME, Inc. of Riverhead, N.Y.

Under the terms of the sale, NSME will be responsible for the sales of all current SI-TEX products, and all warranties and repairs of currently supported SI-TEX equipment. NSME also plans to introduce a number of new products under the SI-TEX brand in the near future.

NSME is a group of industry veterans and international OEMs that previously supplied most of the products sold under the SI-TEX brand. Ted Bodtmann, a longtime Koden America employee, will be the president of NSME.

“SI-TEX has had a long history of bringing unique, reliable, affordable and innovative marine electronics products to the North American market. We will continue this tradition and look forward to introducing many new products soon,” Bodtmann said in a statement.

“Koden America plans to concentrate on the commercial market, delivering industry leading products for riverboats, tugs, workboats, commercial fishing and government vessels,” said Steve Sato, president of Koden America, in a statement.

Click here for the full release.

Welcome to TradeOnlyToday’s premium content! To continue reading, please register now, for access to 10 free stories per month. Or subscribe, for unlimited access to all TradeOnlyToday content!

Click here to Register ... it's free!

Basic subscription: Registered members get free access to 10 premium content stories each month!

Click here to Register!

Subscribe ... for unlimited access!

Individual subscription: $29 for unlimited site access for one year.

Small Business subscription: $140 for unlimited site access for up to 10 members of a company for one year.

Corporate subscription: $300 for unlimited site access for all members of a company for one year.

You may close this dialog after seconds.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

Comments are moderated and generally will be posted if they are on-topic and not abusive. For more information, please see our Comments Policy.

Vote Today

Should there be new boating-safety regulations after the three-boat crash in Florida?

View Results

Loading ... Loading ...

Search Boats for Sale

Length
Year
Price

Login to Trade Only Today

Lost Password