SALT LAKE CITY, UT, July 24, 2017 /CNW/ - David Goddard, President of Westpower Equipment Ltd. and Westpower Pumps & Systems USA Inc., ("Westpower"), and the principals of R&R Machine, Inc. ("R&R"), Derek Vockel and Pat Raymond are pleased to announce that they have reached an agreement to amalgamate the ownership interests of R&R and Westpower. The combined company will offer rotating equipment repair and field services coupled with pump, mixer and integrated fabricated systems through Northwest United States and Western Canada.
R&R is a leading mountain state service organization that specializes in the repair and reconditioning of all makes of industrial pumps, compressors, single stage steam turbines, gearboxes and associated machinery. Strategically located in the PADD IV Rocky Mountain refining region, R&R's reach in the energy and power generation markets extends through Colorado, Arizona, Idaho, Wyoming and Utah. Established in 2006, R&R employs 28 people in a 13,000 sq. ft. facility, from which it also provides mechanical repair field services.
With 25 years of experience, Westpower is a leading supplier of engineered pumps and pump parts, lubricants, and integrated fabricated systems. In addition, Westpower provides repair and field services in Western Canada. Westpower operates four facilities in Alberta with repair, manufacturing and fabrication capabilities.
The amalgamation is anticipated to close on or around July 31, 2017. The transaction is expected to significantly enhance the new integrated organization's sales, service and repair offerings in the geographic regions within which it currently operates. The principal shareholders of both companies will remain leaders within the combined organization.
"This represents an exciting new opportunity for all of us. Together we will be able to drive growth by leveraging each other's capabilities in our respective geographic regions," said David Goddard, President and CEO of Westpower.
The two entities will continue to operate under their existing corporate identities as part of the Westpower group of companies.
R&R is an industrial service company specializing in repair and reconditioning services for industrial pumps, compressors and related machinery. It offers millwright, machining and mechanical repair services across much of the Western United States. The Company's repair centre has a broad range of manual and CNC machining capabilities and expertise in a wide variety of engineered rotating machinery
Westpower owns and operates full-service engineered pump repair and sales centers in Alberta, Canada. The Company specializes in the custom design manufacturing and maintenance of engineered pumps and integrated fabricated systems. It is also a distributor of industrial lubricants and a broad range of reliability products. The Company offers coating, repair and field services in addition to part sales. From its inception, the Company has proudly represented CPC Pumps International, (API 610 centrifugal pumps).
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SOURCE Westpower Equipment Ltd
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