Tontitown-centered Central States Production Inc. closed a deal lately to purchase Storage Buildings Inc. in Villa Rica, Ga. Financial conditions of the deal, which shut on Dec. 30, have been not disclosed in a Tuesday (Jan. 10) news launch.
Central States helps make and distributes steel developing factors this sort of as roofing and siding. Storage Buildings is a national metal developing subcontractor targeted on the self-storage sector.
“The synergies in between the two companies will offer advantages to each clients and shareholders alike,” Central States CEO Jim Sliker mentioned in the release. “Storage Structures is a leader in their market with a like-minded dedication to client support and operational excellence. They have been a leading buyer, and I am excited to welcome them as new worker-entrepreneurs.”
According to the release, Richard Allen has been named president of Storage Constructions.
“This will allow Storage Structures to merge deep metal-supply associations and client-targeted producing with our standing of groundbreaking solutions and support-oriented technique to construction,” Allen said in the release. “This transaction strengthens our position as a service provider to the self-storage business.”
Central States was established in 1988. The enterprise is 100% worker-owned, with in excess of 1,200 staff-entrepreneurs and 11 production facilities, serving about 6,000 business, architectural, submit-body, and residential consumers throughout the United States.