– Establishes Leading Manufacturer and Supplier of Infrastructure
Products and Solutions –
MINNEAPOLIS–(BUSINESS WIRE)–#infrastructuresolutions–Simplex announced today that it has partnered with T-street Capital, to
complete the acquisition of Dayton Superior’s Paving Division
(“Dayton”). This acquisition establishes Simplex as the leading
manufacturer and supplier of infrastructure products and solutions to
heavy and highway contractors throughout the country.
The addition of Dayton’s paving division brings experienced personnel in
operations, manufacturing and customer service, as well as industry
knowledge and relationships to an already strong lineup of professionals
on the Simplex team. Dale Cheney, Managing Partner of T-street Capital
and Sarah Bazey, Founder and President of Simplex, have put together an
exceptional board of directors with the addition of Jeffrey Hanes,
Stephen Gerster, Stephen Morrey, and welcome Mark Kaler as the interim
CEO to assist with the integration of Dayton.
“Simplex, which is held by Infrastructure Solutions, has positioned
itself for the future with the current acquisition of Dayton and JC
Supply and Manufacturing in early 2017. The company’s product innovation
and quality are unparalleled in the industry,” Kaler said. “We are
enthusiastic to have on our management team such highly accomplished
individuals as Ron Meskis, Chief Operating Officer and Charley Read,
General Manager.”
Simplex’s robust distribution and industry-leading manufacturing
operations will allow flexibility to meet the demands of contractors and
to provide consistent quality assurance for specifying agencies. This
acquisition creates a combined footprint of 448,000 square feet under
roof and 25 acres of capacity across four locations in Ontario, Calif.;
Carlyle, Ill.; Kankakee, Ill.; and Minneapolis, Minn.
“The combination of Dayton’s skilled customer service with our talented
sales team and Dayton’s manufacturing capacity with our industry-leading
focus on innovation creates the only coast-to-coast and cradle-to-grave
steel reinforcing manufacturer in the United States,” according to
Bazey. Simplex now has the unique capability to serve all 50 states and
control the production of epoxy coated reinforcing steel for concrete
paving infrastructure from start to finish.
Contacts
Simplex Construction Supplies
Ms. Sarah Bazey
President
(763)
398-0040
