Industry News: May 2018

Catch up on the latest acquisitions, promotions and company milestones

Industry News: May 2018

ServiceCore partners with CardConnect
ServiceCore announced a partnership with CardConnect, a secure payment acceptance provider. The partnership will allow users to accept credit and debit cards, as well as automatic clearinghouse check, electronic benefit transfer, gift cards and near-field communication directly within the ServiceCore software.

Infiltrator acquires Delta Environmental assets from Pentair
Infiltrator Water Technologies announced it purchased the assets of Delta Environmental Products from Pentair Flow Technologies. Infiltrator Water Technologies acquired the technologies, approvals, trademarks and physical assets to produce the Delta Whitewater Series, ECOPOD series and Delta Fabricated Treatment Plants from Pentair Flow Technologies. These products will be sold under a new wholly-owned subsidiary to Infiltrator named Delta Treatment Systems LLC.

CSI Controls names new manufacturers’ rep
Watermark Engineered Product Sales is CSI Controls’ manufacturers' representative for Indiana, Ohio, Kentucky, Michigan, West Virginia and western Pennsylvania. The addition of Watermark increases CSI Controls’ growing distribution network into areas previously unrepresented and will provide a higher level of service to customers in that region, according to the company.

SJE-Rhombus breaks ground on new manufacturing facility
SJE-Rhombus broke ground on a 51,000-square-foot manufacturing facility in Ashland, Ohio. SJE-Rhombus had been leasing a space for manufacturing in Ashland since acquiring CSI Controls in 2008. However, the current space became insufficient, with manufacturing production areas spread over four separate floors in one building. The new space will increase efficiency by having all areas on one level.

Komatsu America moving North America headquarters to Chicago
Komatsu America announced plans to move company headquarters to Chicago in 2020. The new site at Triangle Plaza, 8770 W. Bryn Mawr Ave. will feature an open floor plan designed to foster collaboration and cross-functional team communication. Komatsu Ltd., parent company of Komatsu America, established a permanent presence in the U.S. in 1970, with headquarters in San Francisco, Atlanta, and other Illinois locations, most recently Rolling Meadows.

James King
James King

Eljen announces new president
Eljen, headquartered in East Hartford, Connecticut, announced the promotion of James M. King as company president. He will focus on continued national and international growth and driving the development of new technology. King earned a Bachelor of Science in engineering and a Master of Business Administration in finance from the University of Connecticut. He also holds a Project Management Professional certificate.

Tank Holding announces Greg Wade as new CEO
Tank Holding named Greg Wade as CEO, including polyethylene tank manufacturers Norwesco and Snyder Industries. Previously the company was led by co-CEOs, Tom O’Connell and Tom Smith. Wade had been president of Tank Holding since 2017 as the company began implementing a succession plan for O’Connell and Smith, who will be stepping down and assuming seats on the board of directors, and serve as advisors to Wade.


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