(Editor’s note: the original version of this story contained incorrect dates for when Jennifer Carpenter officially became CEO of AWO, and incorrectly characterized Tom Allegretti’s position since then. The corrected… Read More
Company News
United States Steel Corporation announced December 8 that it has exercised its call option to acquire the remaining equity of Big River Steel for approximately $774 million from… Read More
Turn Services, a New Orleans-based barge fleeting and shifting company that also offers barge repair and cleaning services, has announced a definitive agreement to acquire the assets and business… Read More
SEACOR Holdings Inc. announced December 7 that it has entered into a definitive agreement with an affiliate of American Industrial Partners—a New York-based private equity firm that focuses… Read More
Private equity firm CapitalWorks of Cleveland, Ohio, announced November 25 it has completed a majority investment in Electromechanical Research Laboratories Inc. (ERL) of New Albany, Ind., and subsidiary Law… Read More
Pilot Thomas Logistics (PTL) and its family of companies, including Radcliff/Economy, Maxum Petroleum and Economy Boat Store, announced November 20 that PTL has received authorization from Coast Guard… Read More
Houston-based Thrustmaster of Texas has won a contract with Fincantieri Marinette Marine for the design, development and manufacture of the auxiliary propulsion unit (APU) to be installed on the… Read More
The Shearer Group Inc. (TSGI) is celebrating its first decade in business. In 2010, Gregory Beers and Cory Wood, founders of Bristol Harbor Group Inc. (BHGI), purchased the… Read More
Conrad Industries Inc. reported November 16 a net loss of $3.6 million, or -72 cents per share, for the third quarter. That compares to net income of $938,000, or… Read More
Matt Sitka Callan Marine has announced the hiring of Matt Sitka as chief financial officer. A 15-year veteran of the industrial services, dredging, and marine construction industry, Sitka… Read More
