HOME PAGE SUBSCRIPTIONS, Print Editions, Newsletter PRODUCTS READ THE PETROLEUM NEWS ARCHIVE! ADVERTISING INFORMATION EVENTS

Providing coverage of Alaska and northern Canada's oil and gas industry
November 2018

Vol. 23, No.44 Week of November 04, 2018

Oil Patch Bits: ASRC announces industrial services acquisition

Petroleum News

Arctic Slope Regional Corp. said Oct. 25 that it is pleased to announce the acquisition of Brad Cole Construction by its wholly owned subsidiary ASRC Industrial Services LLC.

Headquartered in Carrollton, Georgia, BCC provides heavy civil site services, which includes site stabilization, remediation, demolition, excavation and dewatering. BCC serves a diverse customer portfolio made up of industrial and commercial customers, state and local governments, as well as federal agencies. Since the company’s founding in 1977, BCC has differentiated itself from competitors via its relentless focus on safety and ability to deliver challenging projects on time and under budget. BCC becomes the third member of AIS’s remediation and response services operating group, following the February 2018 acquisition of Mavo Systems and June 2018 acquisition of Hudspeth & Associates.

“On behalf of ASRC’s board of directors, I am pleased to welcome the management team and talented employees of Brad Cole Construction to the ASRC family of companies,” said Rex A. Rock Sr., president and CEO of ASRC. “The acquisition of BCC represents the eighth acquisition we have made in pursuit of the AIS strategy we initiated a little over two years ago. I am happy with the progression of the strategy to date and am confident the AIS and BCC management teams will work collaboratively to sustain the positive momentum and ultimately create a scaled platform that delivers durable, enduring benefits to ASRC’s shareholders.”





Copyright 2003 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistrubuted.

Petroleum News - Phone: 1-907 522-9469 - Fax: 1-907 522-9583
[email protected] --- http://www.petroleumnews.com ---
S U B S C R I B E

Copyright Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA)©2013 All rights reserved. The content of this article and web site may not be copied, replaced, distributed, published, displayed or transferred in any form or by any means except with the prior written permission of Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA). Copyright infringement is a violation of federal law subject to criminal and civil penalties.