TMI was acquired by MiTek Inc. MiTek, the world's leading supplier of state-of-the art engineered connector products, equipment, software and services for the building components industry, is a subsidiary of Warren Buffett's Berkshire Hathaway, Inc.

MiTek, in partnership with TMI, Purchased a custom refrigeration manufacturer to further enhance its advanced hydronics product portfolio. With this purchase TMI, taking another positive step forward, completed its goal to further its technological development of both divisions in the company.