Day & Zimmermann Adds Fabrication & Machining to its Capabilities with Acquisition.The company has completed the acquisition of a fabrication fabrication (fab´rikā´sh  n),n the construction or making of a restoration. facility in Mississippi PHILADELPHIA -- Day & Zimmermann, a nationally recognized provider of diversified services and outsourcing solutions for government and commercial customers, today announced its Maintenance and Modification unit has completed the acquisition of a fabrication and machining facility in Moss Point, Miss., from Industrial Maintenance and Machine, Inc. The facility will be operated by DZ Atlantic, a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Day & Zimmermann. The acquisition complements an already extensive portfolio of services that Day & Zimmermann currently offers its customers. "Having a fabrication facility will allow us to meet the needs of our existing customers and further develop customer relationships in other targeted industries," said Mike McMahon For other persons of the same name, see McMahon. Mike McMahon may be:
The facility consists of a 180,000-sq.-ft. shop situated on 20 acres of land, and will give DZ Atlantic a significant range of capabilities including machining, mobile machining, structural steel production, piping, skids, and specialty welding welding, process for joining separate pieces of metal in a continuous metallic bond. Cold-pressure welding is accomplished by the application of high pressure at room temperature; forge welding (forging) is done by means of hammering, with the addition of heat. . Day & Zimmermann plans to make substantial capital improvements to the buildings and equipment in the next several months, and expects to dramatically increase the workforce from 35 employees to 300 in the next two years. "This facility is a perfect fit for the type of capabilities we were looking to gain. It's also in an ideal location in relation to our target industries and we expect the area to see a major surge of construction activity in the next 5 to 10 years," explained McMahon. The newly acquired facility will be managed locally by John Green, who will report to Keith Hollingsworth, president of maintenance and modification for DZ Atlantic. ABOUT DAY & ZIMMERMANN Day & Zimmermann accelerates customer success by delivering diversified services. Operating from more than 150 worldwide locations with 2.2 Billion USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. in revenues, the Day & Zimmermann family of companies maintains a workforce of 24,000 employees and is currently ranked as one of the largest private companies in America by Forbes and is a former winner of the U.S. National Family Business of the Year award. Founded in 1901 and headquartered in Philadelphia, PA, Day & Zimmermann companies today provide architectural-engineering-construction services, power plant maintenance, modification and specialty services, security services Security services are state institutions for the provision of intelligence, primarily of a strategic nature, but also including protective security intelligence. Examples include the Security Service (MI5) and the Secret Intelligence Service (MI6) in the United Kingdom, and the , staffing services, and validation services to businesses and government agencies, and munitions mu·ni·tion n. War materiel, especially weapons and ammunition. Often used in the plural. tr.v. mu·ni·tioned, mu·ni·tion·ing, mu·ni·tions To supply with munitions. production, equipment maintenance and facilities management The management of a user's computer installation by an outside organization. All operations including systems, programming and the datacenter can be performed by the facilities management organization on the user's premises. services to the Department of Defense. For more information, visit http://www.dayzim.com. |
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