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Flat Water Investments, in collaboration with Investment Partners TDoubleU, LLC and JMU, LLC, are pleased to announce the successful acquisition of substantially all assets of Pen Steel Inc, located in Omaha, NE.
Under the new ownership, the current dedicated manufacturing personnel and various support staff will seamlessly transition, marking the inception of Pen Steel Manufacturing.
Known as the Manufacturer for Manufacturers, Pen Steel stands as a key player in the heavy manufacturing industry. Leveraging cutting-edge manufacturing technology and boasting an extensive market reach, Pen Steel specializes in delivering top-tier components, weldments, and assemblies. The incorporation of state-of-the-art Laser and Robotic Welding capabilities underscores the commitment to ensuring quality, repeatability, and timely delivery. Learn more about our services.
Committed Leadership
In addition to the acquisition, the leadership teams of Flat Water, TDoubleU, and JMU are committed to leveraging their extensive expertise and resources to further enhance Pen Steel Manufacturing’s capabilities. The infusion of strategic investments will be directed towards the implementation of advanced technologies, process optimization, and expansion of production capacities. This collaboration reinforces their commitment to the success of Pen Steel Manufacturing.
Penny Rosso
The esteemed Founder and President of Pen Steel, expressed her confidence in the future of the company under the stewardship of Flat Water & Affiliates. She emphasized the shared cultural values and innovative drive between the acquiring entities and Pen Steel, further solidifying the commitment to maintaining the well-being of the existing employees.
Jacob McCoy
Vice President of Business Development for Flat Water Investments, commends Penny Rosso for initiating and building an exceptional business. He conveyed the collective gratitude of Flat Water Investments and its affiliates for the privilege of continuing the legacy of Pen Steel.
Jay Utterback
President of JMU, LLC, acknowledged Pen Steel as a longstanding high-quality supplier and expressed honor and privilege in carrying forward Penny Rosso’s legacy.
Trent Whittaker
President of TDoubleU, LLC, shared his excitement and energy in collaborating with Penny’s existing customer base and current employees to enhance the company’s standing as a premier supplier. His sentiments reflected a longstanding relationship with Penny dating back to 1998.
Our Team
Trent Whittaker
Owner/VP of Sales & Administration
Jay Utterback
Owner/VP of Operations
Chad Lind
CFO
Francisco Rivera
Laser Department Coordinator
Patrick Fetter
Machinist
Wes Ellison
Shop Manager
Luis Vazquez
Robotic Department Coordinator
Flavio Gonzalez
Fabricator – Saw
Glen Ord
Purchasing Manager
Ted Evans
Robot Operator
Rusty Blankenship
Mig Welder
Shelby Wynn
Scheduling Coordinator
Dustin Esaias
Robot Operator
Joel Husebo
Mig Welder
Bob Pettinger
Shop Multi-Purpose Operator
Dean Addleman
Mig Welder
Alex Anderson
Laser Operator
Skye Beraz
Clerical Admin Associate
Shawn McSheehy
Machine Operator
Robert Carney
Warehouse Coordinator