Ameron acquires Centron.PASADENA, Calif.--(BUSINESS WIRE)--Jan. 8, 1996--Ameron Inc. (NYSE NYSE See: New York Stock Exchange :AMN Amn abbr. airman ) Monday reported that it has acquired assets of Centron Corp., a privately held, leading manufacturer of fiberglass pipe for the worldwide oil field market. Centron is located in Mineral Wells, Texas Mineral Wells is a city in Palo Pinto County, Texas and a portion of Parker County, Texas. The population was 16,946 at the 2000 census. The city is named for mineral springs in the area, which were highly popular in the early 1900s. . Annual sales are approximately $25 million. "This acquisition gives Ameron's fiberglass pipe business a leadership position in the global oil field market," said James S. Marlen, chairman, president and chief executive officer of Ameron Inc. "Centron's high-pressure, small-diameter product line is an ideal complement to Ameron's existing high-pressure, large-diameter products. "Centron is known for its technological excellence. Adding Centron products to our line is consistent with Ameron's growth strategy of strengthening our core technologies," Marlen said. With headquarters in Houston, Ameron's fiberglass pipe business operates manufacturing plants in Burkburnett, Texas Burkburnett is a city in Wichita County, Texas, United States. It is part of the Wichita Falls, Texas Metropolitan Statistical Area. The population was 10,927 at the 2000 census. Geography Burkburnett is located at (34. ; Spartanburg, S.C.; the Netherlands; and Singapore. Ameron fiberglass pipe sales in 1995 were approximately $83 million. Ameron is a multi-national manufacturer of highly engineered products for the building, construction and industrial markets. The company operates businesses in 15 countries in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. , Europe and Asia. In addition to fiberglass pipe, Ameron is a leading producer of concrete and steel pipe systems, high-performance coatings and other specialized construction products. CONTACT: Ameron Dan Stracner, 818/683-4040, ext. 711 |
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