Shale-Inland Holdings announced the acquisition of Major Sourcing LLC also referred to as ‘Major Inc.’ in a transaction completed on 27 July 2015. Major, Inc. operates as a leading valve automation, integrator, and distributor, primarily focused on the power industry.
Major Sourcing LLC will continue to operate under its trade name, Major Inc., and will be a part of Shale-Inland's Valves & Automation (V&A) platform. Shale-Inland is a leading specialty industrial supplier of pipe, valves, fittings and related products and provider of technical solutions to the energy and industrial sectors.
Major, Inc., headquartered in New Jersey, was founded in 1976 and has relationships with over 200 leading power generation focused manufacturers, giving them the unique ability to provide consistent and reliable services to its customers. Dave Kuhn, President of Major, will continue to lead the Major business.
Comments from Shale-Inland
"Major Inc. provides Shale-Inland advanced capabilities in power generation with an exceptional management team led by Dave Kuhn. With Major's geographic footprint and valve expertise, we can grow the business in power generation and leverage our collective expertise into other end markets, including petrochemical and refining in the Northeast," said Frank Riddick, Chief Executive Officer of Shale-Inland.
He continued, "Major advances our ongoing acquisition efforts as we seek out strategic assets to improve our core capabilities in our end markets."
Edited from press release by Stephanie Roker
Read the article online at: https://www.worldpipelines.com/business-news/29072015/shale-inland-holdings-acquires-llc/