RECENT RELEASESFCX Performance, Inc. Acquires Process Control Services, Inc.
Columbus, OHJune 16, 2015
Columbus, OH-based FCX Performance, Inc. (“FCX”) announced today that it has completed the acquisition of Process Control Services, Inc. (“PCS”).
Based in Plymouth, MI, PCS provides Instrument start-up, repair, installation and calibration services; In-house Depot Repair; Turnkey PLC Programming and Control Panel Fabrication. PCS personnel are located in key FCX markets including Detroit, Cleveland, Milwaukee, Columbus and Pittsburgh. The company’s testing and calibration operations are ISO 9001-2008 and ANSI/ISO/ASQ Q9001-2008 certified, while the Plymouth lab is ISO-17025 accredited.
“We welcome the employees and customers of PCS to the FCX family”, said Charles Hale, President and CEO of FCX Performance, Inc. “We are excited to work with PCS to expand their offerings across other FCX markets.” Hale further noted that “the PCS footprint is highly complementary to multiple FCX business geographies covered by approximately 50 outside sales professionals.” Hale also mentioned that “the combination of these businesses will not result in any outside changes and the company’s names will not be changed”. Hale concluded that “PCS fits perfectly with our strategy of buying quality teams that further expand our service & solutions offerings.” “With the support of our majority investor, Harvest Partners, we fully anticipate closing additional acquisitions in FY 2015.”
About FCX Performance, Inc.
Based in Columbus, Ohio, FCX is a leading distributor of specialty process flow control products and services. The Company provides technical, mission-critical products and value-added services to more than 20,000 end users, original equipment manufacturers and engineering and construction firms across the process, oil & gas, power, high purity and municipal & commercial markets. FCX is known for its technical & application expertise as well its ability to offer a full range of products & services to its customers. Formed in 1999 and with predecessor company histories dating back to the early 1900s, the Company has grown to 34 locations serving 35 states and over 525 employees. FCX has completed 21 strategic acquisitions since inception. For more information, please www.fcxperformance.com.