Emcor acquires refinery industry repair company
CHICAGO, Jan 7 (Reuters) - Engineering and construction company Emcor Group Inc (EME.N: Quote, Profile, Research, Stock Buzz) said on Monday it has acquired Redman Equipment & Manufacturing Company, which provides repair services for the refinery and petrochemical industries.
Financial terms of the acquisition were not disclosed.
Based in Torrance, California, Redman has annual revenue of approximately $20 million and besides repair services provides replacement parts and fabrication services for heat exchangers in the refinery and petrochemical industries, Emcor said. (Reporting by Nick Carey, editing by Dave Zimmerman)
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