Resource West Inc. Announces the Purchase of PCI Manufacturing LLC Assets
Grand Junction, CO, January 27, 2016 (Newswire.com) - Resource West, Inc., through its wholly-owned subsidiary PCI Manufacturing Solutions, LLC, announced today the acquisition of certain manufacturing assets of PCI Manufacturing, LLC and acquires exclusive rights and options to a 155,000 square foot manufacturing facility in Sulphur Springs, TX.
PCI Manufacturing Solutions will produce a broad range of products including large capacity mobile storage ponds, various vac-trailers and fluid hauling solutions, frac tanks, specialized cold storage tanks, industrial fencing, construction equipment, waste and landfill equipment, mining equipment and a variety of other products – both standard and specialized. Matthew Hanna, the former CEO of PCI Manufacturing, LLC who will be the Executive Vice President and General Manager of PCI Manufacturing Solutions commented “Quality and customer satisfaction will always be engrained in our culture. We will diligently strive to exceed expectations and deliver the highest quality and value-added products in the market. While there are several manufacturing facilities to choose from, our ability to handle highly specialized and custom products gives us a significant advantage over our competitors.” Along with Mr. Hanna, all of the key upper management and the best of the plant production personnel will be hired to ensure the continued quality of the finished products. The manufacturing plant is scheduled to begin production February 1, 2016.
“Our team is thoroughly excited about the opportunity to expand product offerings through PCI Manufacturing Solutions” noted Jack Hays, President and CEO of Resource West. “This business provides an extensive, innovative and diverse manufacturing platform to meet a variety of customer requests. Our culture has always been about integrity, trust and doing the right thing – we look forward to establishing many new client relationships and proving the value and service we bring to them is exceptional.”"Our team is thoroughly excited about the opportunity to expand product offerings through PCI Manufacturing Solutions" noted Jack Hays, President and CEO of Resource West. "This business provides an extensive, innovative and diverse manufacturing platform to meet a variety of customer requests. Our culture has always been about integrity, trust and doing the right thing - we look forward to establishing many new client relationships and proving the value and service we bring to them is exceptional."
In addition to already having a solid and reputable manufacturing facility, PCI Manufacturing Solutions will pursue completion of the coveted ISO 9001 manufacturing certification opening the door to compete for various government and military contracts, international sales and produce a wide array of products which require a keen sense of detail and attention.
Resource West and PCI Manufacturing Solutions will extend service beyond simply supplying products. Together, we will diligently focus on exceptional service and support to continually improve products with the newest, most efficient and reliable innovations. Our mutual goal is to optimize and maximize operations for our clients. Resource West and PCI Manufacturing Solutions will work to identify savings through improved product life, reduced maintenance costs and reduce energy consumption - all combined to improve the bottom line of our clients. Above all, first-class service with industry leading safety is the highest priority.
About Resource West, Inc. (www.resourcewest.net):
Resource West, Inc. operates four primary business segments including enhanced evaporation equipment (used in the oil & gas industry, waste & landfill industry, food processing, solar industry, chemical plants, power generation and other water management needs), high-capacity mobile fluid storage solutions up to 2.1 million gallons, dust control systems, and various MSHA approved industrial mine and tunneling ventilation systems and scrubber systems. Resource West has clients in 32 states within the US and in 19 countries throughout the world. Our products are designed and manufactured with the highest quality and standards supported by outstanding customer service and dedication to our clients. Resource West is headquartered in Grand Junction, CO.
About PCI Manufacturing Solutions, LLC (www.pcimfgsolutions.com):
PCI Manufacturing Solutions, LLC is a high volume and specialized, custom fabrication facility. The company is located in a 155,000 square foot manufacturing building enabling the production of a wide variety of products. Products include high-capacity mobile fluid storage ponds, vac-trailier, bobtails, mud tanks, frac tanks, acid tanks, mixing tanks, cold storage tanks, various high-strength industrial fencing products, construction equipment, waste and landfill equipment, mining equipment and other items. With a combined manufacturing experience of over 100 years, we are able to meet custom and special order needs and provide innovative solutions. PCI Manufacturing Solutions is headquartered in Sulphur Springs, TX.
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Any statements as to matters that are not of historic fact are forward-looking statements. These forward-looking statements are based on current expectations, estimates and projections, its industry, its management's beliefs and certain assumptions made by management including future operational and activity expectations, international growth, and anticipated financial performance. No assurance can be given that such expectations, estimates or projections will prove to have been correct. Whenever possible, these "forward-looking statements" are identified by words such as "expects," "believes," "anticipates" and similar phrases.
Readers are cautioned that any such forward-looking statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict. Because such statements involve risks and uncertainties, many of which are outside of our control, actual results and performance may differ materially from the results expressed or implied by such forward-looking statements. Given these risks and uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements.
For further information, contact:
PCI Manufacturing Solutions, LLC
EVP & GM