Management team acquires McCarl's Inc. from Talen Energy

By: McCarl’s Inc.
 
PITTSBURGH - Jan. 2, 2019 - PRLog -- McCarl's Inc. ("McCarl's"), a diversified industrial construction and mechanical services company headquartered in Beaver Falls, Pennsylvania, announced today that their CEO, Ken Burk, and CFO, Chris Boston, through their holding company, Arc Industrial Services Inc., have completed the purchase of 100% of McCarl's stock.

Established in 1946, McCarl's has been recognized as a leader in process piping construction and maintenance services for many top industrial companies in the Mid-Atlantic region.  With offices and pipe fabrication facilities in Beaver Falls, Washington and Muncy, Pennsylvania and Cadiz, Ohio, McCarl's serves energy, chemical, heavy manufacturing, petrochemical, shale gas, steel and water treatment clients for capital expansion projects as well as outages and turnaround maintenance services.  McCarl's is also a partner in Great Arrow Builders LLC, a venture involved in the construction of the Shell Pennsylvania Polymers project in Monaca.

The company will continue to operate under the McCarl's name and will continue to be managed by its current management team.  Ken Burk, CEO of McCarl's, said: "We are pleased to announce the purchase and are very excited about our future growth opportunities in our markets.  McCarl's is a great company with a rich history of excellent performance across many industrial sectors.  Since joining McCarl's last June, I have been very impressed with the level of commitment and dedication from our people."

Terms of the transaction were not disclosed. Visit https://mccarl.com/ for more information.

Contact
Ken Burk
***@mccarl.com
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Tags:Construction
Industry:Construction
Location:Pittsburgh - Pennsylvania - United States
Subject:Mergers
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Page Updated Last on: Jan 02, 2019



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