Allied Reliability and T.F. Hudgins have announced a merger agreement between the companies.
T.F. Hudgins Inc. announces their merger with Charleston, South Carolina-based Allied Reliability, Inc. Founded in 1947, T.F. Hudgins is a Houston-based company that provides a portfolio of engineered products and services that improve the reliability of high value equipment. Primary end-markets include midstream oil and gas, petrochemical, refining and other industrial process industries. Founded in 1997, Charleston, SC. based Allied Reliability Group delivers operational reliability solutions, including condition monitoring, electrical services, consulting and training, staffing and integrated product solutions for commercial and industrial manufacturing industries.
The merger combines the domain expertise and resources of leading companies focused on improving the reliability and performance of a broad range of high value assets operating in a variety of applications. By providing unique and integrated asset reliability and protection solutions, customers will benefit from an expanded portfolio of hardware, software and value-added services.
Jay Burnette, CEO of T.F. Hudgins, commented, “We are extremely excited to bring our two companies together for the benefit of our collective customers, employees and stakeholders. This combination will accelerate our growth in the expanding equipment reliability space, particularly with a much broader condition-based monitoring and advanced diagnostics offering. We believe this will create significant value for our customers.” Burnette will lead the combined company as CEO.
John Schultz, CEO and Founding Partner of Allied Reliability, said, “It is exciting to be joining forces with an organisation that has the same level of commitment to reliability. At Allied, we have built our business on listening to and understanding our customers’ needs, and delivering superior technical capabilities – with the combination of our two companies, we will be in an even better position to drive innovation and deliver exceptional value to the global reliability community.”
Read the article online at: https://www.hydrocarbonengineering.com/gas-processing/27102016/t-f-hudgins-and-allied-reliability-announce-merger/