Cincinnati, OH, April 30, 2015 – Enerfab Power & Industrial, Inc., a leader in construction, electrical and maintenance services in the energy and chemical industry, announced today that they have acquired Foley Company from Varistar Corporation, a subsidiary of Otter Tail Corporation. Foley Company is a leader in mechanical contracting and general construction.
Foley Company, which delivers high-quality specialized mechanical and construction services focused on water/wastewater, power, industrial, commercial, healthcare, fabrication and special projects, has been in business for more than 100 years. The company has a proven track record of customer satisfaction, competitive pricing, quality projects and high integrity. Foley Company consistently ranks as one of the top 100 specialty contractors and top 500 mechanical contractors in the country. The company will keep its current name.
“Together Foley Company and Enerfab Power & Industrial will continue to service Foley’s base customers and markets,” said Greg Purdon, CEO of Enerfab Power & Industrial. “We have many joint customers and have worked on projects together in the past. We look forward to working closely with the Foley Company to provide our customers with comprehensive solutions in this region and across the country.”
Foley Company currently employs about 250 people and is headquartered in Kansas City, Mo., with an additional office in Nashville, Tenn. Both offices are expected to remain open. Similar to Enerfab, the company has certified fabrication facilities, including ASME R, PP, S and U weld certificates and an NQA-1 nuclear certificate. For more information about the company, visit www.foleycompany.com.
“We have many synergies between our two companies. This is a great opportunity for us to serve customers in a variety of industries with high-quality services,” said Chris Callegari, president of Foley Company. “We’re excited to be a part of the Enerfab family of companies. Their reputation for safety, quality workmanship, integrity, reliability and expertise mirrors our own commitment to these business values.”
About Enerfab, Inc.
Founded in 1901, Enerfab serves its customers with safety and quality to deliver on the Enerfab guarantee – excellence through execution. Headquartered in Cincinnati, Ohio, Enerfab is one of the fastest growing privately held companies in the region, employing approximately 4,000 people and operating regional facilities throughout the U.S. Their family of companies provides construction, maintenance and specialty fabrication services to a variety of industries. Enerfab Power & Industrial services include maintenance, planned outage services, capital projects, electrical and mechanical services. Enerfab Process Solutions and Fabricated Products provides fabrication and field construction of pressure vessels, tanks, reactors, process columns, tank & vessel heads, pipe fabrication, electrical services, vessel linings and coatings and process components. Learn more at www.enerfab.com.