Edgen Corporation Completes Acquisition of Houston-Based Service Industrial Supply Company
Baton Rouge, LA Edgen Corporation, a global provider of products and services to the energy industries, today announced the acquisition of Service Industrial Supply Company (SISCO), one of the nation's largest stocking distributors of specialty products used in the pipeline industry.
SISCO was founded in 1979 and has experienced substantial growth under the leadership of longtime president, Craig Kiefer. The company has an extensive inventory of finished high-yield fittings and flanges, as well as a comprehensive selection of standard products for other energy industry applications. Representing leading manufacturers of high-yield products for the gas transmission industry, SISCO serves a nationwide clientele from its 20,000-square-foot base of operations in Houston, Texas.
"The acquisition of SISCO is a key step in Edgen's strategy to provide a full range of high-quality infrastructure components to the world's energy industries," said Edgen President and CEO Jay Roccaforte. "As an established and well-respected company with a specialized focus, SISCO has excelled in its market by offering customers the very best products along with the services of a knowledgeable, experienced staff. We are impressed with SISCO's record of success and with Craig Kiefer and his dedicated team, who made that success possible. This company will complement Edgen's other operating divisions and further strengthen our position as a global provider to businesses involved in all aspects of the energy production cycle."
"SISCO was built on a foundation of quality and integrity," noted Kiefer, in commenting on the acquisition. "We hold ourselves to high standards, both in the products we offer and in the level of service provided by our staff. This acquisition will enable us to continue that tradition of excellence and to provide our customers with a one-stop source for their product and service needs. We're excited to become part of Edgen-a growing company that shares our values and will help us to increase our focus on customer support and to further enhance our operations."
Established in 1996, Edgen Corporation serves the world's energy industries as a leading provider of prime carbon steel pipe, specialty pipe, valves, fittings, flanges, structural steel products, and services. The Baton Rouge-based company has over $200 million in annual revenues and seven operating divisions: Bartow Steel, Bartow Steel International, Pro Metals, Radnor Alloys, Resource Pipe, Thomas Pipe, and Thomas Steel. Through its 20-plus locations in the continental United States and facilities in Puerto Rico and Korea, Edgen offers industry-leading inventory diversity, order fulfillment capabilities, and customer service.
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