ASRC Industrial Services Acquires K2 Industrial Services

by Lionel Casey

CONCORD, Calif.–(BUSINESS WIRE)–ASRC Industrial Services (“AIS”), a gold standard company of commercial and environmental services during the Continental United States, has introduced the purchase of K2 Industrial Services (“K2”). K2 was founded in Houston and is the discern agency of KM Plant Services (“KMP”), K.M. Industrial Services (“KMI”), Mansfield Industrial (“Mansfield”), and Cannon Sline. KMP and KMI provide predominantly business cleansing offerings inside the Midwest and California, while Mansfield and Cannon Sline offer multi-craft services targeted in the Gulf South. KMP and KMI will be part of AIS’s Remediation and Response Services (“RRS”) running organization, and Mansfield and Cannon Sline will be part of AIS’s Construction, Maintenance, and Repair (“CMR”) operating group.

K2 became installed in 1995 and has grown organically and through acquisitions, now operating within each of its man or woman agencies. KMP specializes in industrial cleansing maintenance and outage offerings all through the Midwest United States. KMI additionally performs business cleansing, similarly to tank cleaning services. Mansfield makes a specialty of business coatings, scaffolding, and insulation services inside the Gulf South. The corporations serve an expansion of end markets along with energy, commercial production, oil and gasoline, and business customers.

“It’s a privilege to welcome the talented control group and body of workers of K2 Industrial Services to the AIS family of organizations,” stated Greg Johnson, President and CEO of AIS. “The addition of K2 no longer simplest adds new service lines to our portfolio but additionally will increase the breadth and intensity of our footprint throughout the Gulf South. Ultimately, this brings us one step closer to achieving our imaginative and prescient of constructing a long-lasting, worker-centric, customer-focused commercial services issuer.”

“After mastering the AIS crew and learning about ASRC’s long-term dedication to the industrial services marketplace, the control crew of K2 knew this changed into a high-quality match for the organization,” said Will Colon, President of KM Plant Services. “This combination will provide first-rate possibilities for K2 team participants, even as increasing our service supplying and geographic attain to our clients.”

About ASRC Industrial Services

Headquartered in Concord, California, ASRC Industrial Services is a completely-owned Arctic Slope Regional Corporation (“ASRC”). AIS is organized within three capabilities-primarily based working groups: Construction, Maintenance and Repair; Remediation and Response Services; and Environmental Engineering and Professional Services. AIS has about four 000 personnel and operations for the duration of the Continental United States. AIS subsidiaries encompass Petrochem, RSI Entech, Entech Advantage, DACA Specialty Services, D2 Industrial Services, U.S. Coatings, Mavo Systems, F.D. Thomas, D. Zelinsky & Sons, Omega, Hudspeth & Associates, AIS Response Services, HRCS Engineering, USC Federal, Brad Cole Construction and Arctic Pipe Inspection. As an entirely-owned subsidiary of ASRC, AIS and its subsidiaries are considered minority commercial enterprise companies.

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