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Vol. 23, No.1 Week of October 07, 2018
Providing coverage of Alaska and northern Canada's oil and gas industry

Arctic Directory 2018: ASRC announces industrial services acquisition

Petroleum News

Arctic Slope Regional Corp. said June 28 that it is pleased to announce the acquisition of Hudspeth & Associates by its wholly owned subsidiary ASRC Industrial Services LLC.

Headquartered in Englewood, Colorado, with a satellite office in Rifle, Colorado, Hudspeth provides environmental remediation, demolition, dismantlement and civil site services throughout the Rocky Mountain region.

Hudspeth serves a diverse customer portfolio made up of industrial and commercial enterprises, state and local governments, as well as federal agencies. Since the company’s founding in 1998, Hudspeth has differentiated itself from competitors via its relentless focus on safety and willingness to partner with customers to overcome complex challenges with unique, innovative solutions.

“Today’s announcement of the acquisition of Hudspeth is another exciting day in the pursuit of the AIS strategy that ASRC initiated in September 2016,” said Rex A. Rock Sr., president and CEO of ASRC. “On behalf of ASRC’s board of directors, I am pleased to welcome the management team and talented employees of Hudspeth to the ASRC family of companies. I am confident the addition of Hudspeth to the AIS platform will contribute to delivering durable, enduring benefits to ASRC shareholders.”



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