CONTECH positioned for future growth with two acquisitions
WEST CHESTER, OH, July 2, 2009 -- CONTECH Construction Products Inc. has acquired the Thompson Culvert Company, headquartered in Missouri, as well as certain assets of the Plateau Pipe Company headquartered in Cookeville, Tennessee...
WEST CHESTER, OH, July 2, 2009 -- CONTECH Construction Products Inc. announced today that it has acquired the Thompson Culvert Company headquartered in Missouri with facilities in St. Louis, Sikeston and Springfield, Missouri.
Thompson Culvert Company has serviced Missouri, Illinois and a number of other Midwestern states with the manufacturing of corrugated steel pipe and the distribution of related construction products since 1964. CONTECH will continue to operate out of each of the Thompson facilities.
"This acquisition is a strong fit with CONTECH and represents another key investment to grow our drainage business," said Ron Keating, President and CEO of CONTECH. "Thompson Culvert is a highly regarded business with a strong reputation for customer service that will integrate nicely with CONTECH as we invest in our service footprint to provide the "Industry's Best Customer Experience." We welcome the opportunity to include Thompson Culvert as part of CONTECH."
"The acquisition of Thompson Culvert represents a great opportunity to better serve CONTECH's Great Lakes and South Central Regions with the most comprehensive selection of products and solutions available," said Andrew Sabados, CONTECH's Regional Vice President for the South Central Region.
CONTECH also announced that it has acquired certain assets of the Plateau Pipe Company headquartered in Cookeville, Tennessee.
The Plateau Pipe Company is a manufacturer of corrugated metal pipe with customers in Tennessee, Kentucky, Georgia, Alabama, North Carolina and South Carolina. CONTECH will continue to utilize its Cookeville facility as a distribution center.
"The Plateau Pipe acquisition will enable CONTECH to expand our Southeastern distribution points and to better serve the region with the most comprehensive selection of drainage and site solution products available," said Ron Keating, President and CEO of CONTECH. "We are committed to offering the best customer experience as we optimize our service locations and our distribution capabilities."
Ralph Mills, President of Plateau Pipe stated, "Over the years we have built a business that we're incredibly proud of. I am excited to join forces with CONTECH and their exceptional team. Their expertise, particularly in serving market needs, is hard to match." Mr. Mills will continue to work with CONTECH on integrating the business and in ensuring a smooth transition for all of Plateau's customers.
CONTECH Construction Products Inc. is a leading provider of site solution products and services for the civil engineering industry. CONTECH's product portfolio includes bridges, drainage, retaining walls, sanitary sewer, stormwater, erosion control and soil stabilization solutions.