PITTSFIELD, Maine — Cianbro has acquired a steel fabrication facility in Massachusetts that will significantly increase its capacity, expand its services and allow the company to pursue bigger projects.
Pittsfield-based Cianbro Fabrication and Coating Corp. purchased a 40,000-square-foot fabrication and coating facility from Pittsburgh-based L.B. Foster Co. for an undisclosed price.
This will be Cianbro’s third major fabrication facility, according to Alan Grover, Cianbro’s spokesman. The company already operates fabrication facilities in Pittsfield, Maine, and Baltimore, Md., Grover said. “We’re just filling in gaps, just bolstering capacity where we need it,” he said.
The acquisition gives Cianbro a facility strategically placed between New York City and Boston, Jack Klimp, general manager of Cianbro Fabrication and Coating Corp., said in a statement. “So it’s allowing us to do more. It’s allowing us to chase some larger projects. … It adds to our capacity. And it strengthens our presence relative to the New York City market and the Boston market.”
Added Grover: “Our team has been fabricating steel for the Brooklyn Bridge renovation, so that’s the kind of work they’ll be able to pursue with even more gusto with this added capacity.”
The new fabrication facility also allows Cianbro to expand its product line to include “stringer bridges,” which are made with a rolled beam as the main member of the structure, according to Grover.
The acquisition adds roughly 30 new employees to the company’s roster. Cianbro currently employs 4,000 people across 40 states.
Where in Mass is this facility?
I never saw a sale with location information was secret before LOL. I checked around. The name of the company Cianbro bought was “Precise Structural Products”. Their website was down so I can’t find location.
http://finance.yahoo.com/news/l-b-foster-announces-sale-190300602.html;_ylt=A2KJ3CYCw0dQeXUA7kLQtDMD
see my reply to ManeDad7 below. The internet is a wonderful tool :-)
Really, what kind of reporting is this?!! Where is it located?
Georgetown MA
http://www.superpages.com/bp/Georgetown-MA/Foster-Precise-L2039209705.htm
google map here:
http://maps.google.com/maps?hl=en&tab=wl
Thanks.
As much as this may throw Vigue into heart shock, good for Cianbro ! Their buying a steel fabrication plant is great news for Maine, especially with the need for, among other thing’s, the many bridge’s and overpass’s that are rapidly being added to the Maine DOT’s list of needed repair’s. This plant, that Cianbro is using for the Boston and New York market’s, is going to provide a huge boost to the building trade’s with the need for welder’s, electrician’s and rigger’s all being needed. And that also includes the trucking folk’s who are going to be bringing the steel to the various job site’s. And for those piece’s that are just too big for the road’s, it also brings marine transportation back into the State when that tpe of moving is required. That brings back the dredging folk’s and the Tow Company’s into the State’s economy. Someone in Cianbro’s Corporate Development should be getting a big raise, not to mention a huge Thank You from the various Tradesmen and Service Provider’s.
Well said Mike, it is good to see a Maine based, employee owned company continue to grow and expand.