| Inovar, IWIA ‘Driven’ to Merge |
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| Written by Mike Buetow | |||
| Wednesday, 05 March 2008 04:24 | |||
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SALT LAKE CITY – Inovar Inc. and IWIA have merged and will now operate under the name Inthinc.
Logan, Utah-based Inovar is an EMS provider. Salt Lake City-based IWI designs so-called black box and other automotive safety technologies. Employees from both companies were retained and additional staff hired, bringing the workforce to 310. Plans call for an additional staffing increase of 30% by the end of 2008. IWI CEO Todd Follmer has been named chairman and chief executive officer of the new entity. Inovar CEO Blake Kirby becomes president and chief operating officer. IWI COO Jeffrey Harvey becomes executive vice president and chief administration officer. In a press release, Follmer said, “We are creating a new space for driving safety … combining a first-rate manufacturing infrastructure with an innovative product design and development team The company sees an opportunity to leverage technology from the oil and gas, transportation and auto racing industries in new products aimed at novice drivers.
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