FRIDAY, MARCH 10, 2023
Manufacturer Corrosion Innovations has recently announced a merger with its long-term distribution partner CRW Consulting & Distribution, LLC. The companies partnered up in 2020 for distribution of the Corr-Ze surface preparation product line.
According to the emailed press release, the merger is a “natural fit” for both companies based on their shared history and will significantly enhance product and consulting offerings from Corrosion Innovations.
Marlin Lester will reportedly remain Corrosion Innovation’s Chief Executive Officer, and Jeremi Day will join their team as Chief Technical Officer. Gregg Taney also takes on the role of President, with Trey Chandler will assuming the position of Director of International Sales.
“We are proud of this merger and the synergy this team brings to the industry and Corrosion Innovations,” said Lester.
Additionally, the merger is anticipated to allow Corrosion Innovations to expand its product offerings, while providing customer service from AMPP-certified experts with decades of experience in the corrosion and coatings industries.
“This merger sets us up for the vertical integration we’ll need for the future. This is a stepping stone to some great things coming very soon; stay tuned,” commented Taney.
|
|
| kazuma seki / Getty Images |
|
Manufacturer Corrosion Innovations has recently announced a merger with its long-term distribution partner CRW Consulting & Distribution, LLC. |
“CRW has been an integral part of the Corr-Ze product growth in the industry, and forming this joint partnership was always a hope for us. I’m proud we’ve reached the point of seeing it materialize, and we’re very excited about the future,” Chandler said.
“We couldn’t be more thrilled about this. We’re bringing together two extremely strong companies in the corrosion control industry, who will set standards in innovation, while leading the way in the surface preparation industry,” Day added.
Corrosion Innovations also plans to host a live stream about the merger and the company’s future, scheduled for April 20 at 10:30 a.m. CST, on its LinkedIn business page.
Operation Expansion
In November, Corrosion Innovations and CRW Consulting & Distribution announced that it is expanding its operations by relocating to a larger global distribution center.
According to the company’s announcement on LinkedIn, the two companies have been operating in the South Houston area since 2019, and the move comes after their sales and distribution outgrew their previous space. While still based in Houston, the new office is located at 3500 South Richey Street, Suite 320.
The 15,000-square-foot facility houses indoor storage, training and administrative facilities and will reportedly allow for the continued growth of the Corr-Ze product line. The expanded space was reportedly needed to host several demonstrations of the Corr-Ze 200 product released earlier last year, which was “critical” in the decision to relocate headquarters.
Tagged categories: Business management; Business matters; Business operations; Coatings manufacturers; Corrosion Innovations; Corrosion protection; Corr-Ze; CRW; Distributors; Mergers; Program/Project Management
