Market Overview

Industrial Controls Acquires IEC Control Shop

Industrial Controls and its parent company, ERIKS, are pleased to announce its acquisition of IEC Control Shop, a Texas based distributor of HVAC controls.

Eatontown, NJ (PRWEB) December 26, 2012

Industrial Controls and its parent company, ERIKS, are pleased to announce its acquisition of IEC Control Shop, a Texas based distributor of HVAC controls for over twenty years. IEC Control Shop has branch offices in Fort Worth and Dallas, Texas which will complement Industrial Controls' existing network of 18 branches and extend its territorial footprint into the rapidly growing Southwest and Gulf Coast.

The addition of IEC Control Shop broadens Industrial Controls' coverage with existing product lines and expands its capabilities. Along with the aligned HVAC controls portfolio, the companies' synergy provides Industrial Controls with an increased opportunity to extend its industrial product offerings into the Southwest region. “Merging with IEC Control Shop will give us an exceptional platform to continue our expansion plans in the growing Texas market,” said Joe Eichelberger, President and CEO of Industrial Controls. “We are committed to maintaining excellent service and offering an increased product breadth to our customers.”

Bruce Gray, President of IEC Control Shop, will lead Industrial Controls' two newest branches in the Southwest territory. Bruce brings the widespread customer and technical experience needed to manage Industrial Controls' business in the region. “The merger will allow us to better serve our customers by offering them a broader product selection,” said Gray. Geographically extending its business in the Southwest area has been a critical target for Industrial Controls and should position them for further expansion.

# # #

About Industrial Controls
Founded in 1976, Industrial Controls is the leading distributor of controls, instrumentation, automation and automated valves in the U.S. Industrial Controls serves over 10,000 blue chip customers with the industry's premier brands through its national network of branch offices and e-commerce/catalog capabilities. For more information, visit http://www.industrialcontrolsonline.com.

About ERIKS
Founded in 1940, ERIKS is a leading international industrial service provider offering a wide range of high-quality mechanical engineering components and associated technical and logistics services. ERIKS' current product range is divided into five core activities: flow technology; sealing technology; bearing and power transmission, including electromechanical services and condition monitoring; industrial plastics; and tools and maintenance products. ERIKS currently consists of more than 60 companies throughout 25 countries. For more information, visit http://www.eriks.com.

For the original version on PRWeb visit: http://www.prweb.com/releases/prweb2012/12/prweb10263247.htm

 

Around the Web, We're Loving...

Get Benzinga's Newsletters