IES Holdings Acquires Greiner Industries [Yahoo! Finance]
IES Holdings, Inc. (IESC)
US:NASDAQ Investor Relations:
ies-corporate.com/stock-quote
Company Research
Source: Yahoo! Finance
Industries, Inc. (“Greiner”), a Mount Joy, PA-based structural steel fabrication and services company. The acquisition also includes the purchase of Greiner's facilities, which cover 450,000-square feet of manufacturing space on a 60-acre campus. Greiner, with 2023 revenue of approximately $58 million, will become part of IES's Infrastructure Solutions segment and continue to operate under the Greiner name. Jeff Gendell, Chairman and Chief Executive Officer, said, “The acquisition of Greiner strategically expands our geographic footprint into the attractive Mid-Atlantic market, while adding several products and services. Greiner, founded by Frank Greiner in 1976, has a long track record of completing large-scale, complex projects and providing specialized industrial services that are highly complementary with our Infrastructure Solutions segment. In addition, Greiner provides an opportunity to further expand the capacity and reach of our existing custom engineered product offerings.
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IESC
News
- IES Holdings, Inc. (NASDAQ: IESC) was downgraded by analysts at StockNews.com from a "strong-buy" rating to a "buy" rating.MarketBeat
- IES Holdings Reports Fiscal 2024 Second Quarter Results [Yahoo! Finance]Yahoo! Finance
- IES Holdings Reports Fiscal 2024 Second Quarter ResultsGlobeNewswire
- IES Holdings Announces Fiscal 2024 Second Quarter Results Earnings Release ScheduleGlobeNewswire
- IES Holdings Acquires Greiner IndustriesGlobeNewswire
IESC
Sec Filings
- 5/9/24 - Form 4
- 5/9/24 - Form SD
- 5/7/24 - Form 144
- IESC's page on the SEC website