J.T. Thorpe and Son, Inc. Continues Its Expansion with an Asset Acquisition of Geo. P. Reintjes Co., Inc. And Nuco International, Inc
Expansion on Number 1 leading refractory company in the U.S.
RICHMOND, December 19, 2014 (GLOBE NEWSWIRE), December 19, 2014 (Newswire.com) - J.T. Thorpe & Son, Inc. (JTT) announced the impending acquisition of certain assets of Geo. P. Reintjes Co., Inc. (GPR) and NUCO International, Inc., its wholly owned subsidiary. This asset acquisition will be complete on January 1, 2015.
The GPR Griffith, Indiana office will operate as the GP Reintjes division of JTT. This division of JTT will service the current GPR customers with the same customer service and staff that they currently enjoy. Many employees based from the GPR Kansas City, Missouri office and the NUCO Fontana, California office will be integrated into one of the existing nine JTT offices.
“We are extremely excited to welcome in the GPR and NUCO employees into our JTT family. GPR/NUCO has had a similar philosophy of providing great safety, outstanding quality and great value to each of their industrial customers,” explained Mark Stutzman, JTT’s CEO.
Bob Reintjes Sr., GPR’s current President/CEO, will continue in a consulting role for JTT. “We are thrilled to have Bob provide guidance on marketing and strategic initiatives. His vast experience will be a tremendous benefit during the transition period and for many years to come,” explained Bryan Young, JTT’s President. Bob started with George P. Reintjes in 1956 and is an icon in the US industrial refractory market. Bob plans to consult for another three years.
“I have long respected J.T. Thorpe and Son and I am extremely excited to help Bryan Young and Mark Stutzman grow their geographic presence around the country,” stated Bob Reintjes, Sr.
Geo. P. Reintjes Co., Inc. has been in business for over 95 years and has enjoyed a great reputation across the country specializing in Refractory and Fireproofing. Their talented project management and supervision will help JTT expand its footprint in those areas. NUCO has had a presence in Southern California for over 30 years and its supervision will merge into JTT’s existing La Mirada, California office.
JTT is the largest industrial refractory and fireproofing contractor in North America and will have ten active offices once this asset acquisition is complete. JTT has long differentiated itself with its engineering and project management ability as well as its safety and quality.
JTT is a wholly owned subsidiary of Terra Millennium Corporation which was number 34 on ENR’s Top 600 Specialty Contractors in 2014.
Share:
Tags: construction, expansion, refractory