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Enstructure Acquires Richardson Companies

marinesalvage by marinesalvage
May 16, 2023
in Law & Regulations
0
Enstructure Acquires Richardson Companies
© Amarinj / Adobe Stock

© Amarinj/ Adobe Stock

united state aquatic incurable and also logistics firm Enstructure introduced Monday that it has actually gotten Richardson Companies, an incurable and also logistics firm with main procedures inPort Houston and also the Port of Mobile.

Richardson manages a varied mix of breakbulk freights, consisting of steel items, woodland items, and also job freight. The firm runs about one million square feet of commercial warehousing in Houston, Baytown, Freeport, and also Mobile.

Following the procurement, Enstructure will certainly run 20 terminals along the Gulf Coast, East Coast, and also Inland River System with over 1,200 workers and also over 5 million square feet of commercial storage facility ability.

“We are excited to build upon Richardson’s long-standing reputation as a premier breakbulk operator on the Gulf Coast. We welcome Richardson’s customers and employees to Enstructure and look forward to our partnership,” claimed Matthew Satnick and also Philippe De Montigny, Co- Chief Executive Officers ofEnstructure “Richardson further expands our terminal network into high-growth Gulf Coast markets and broadens our ability to provide best-in-class service to our customers. We look forward to expanding Richardson’s product and service offering while bolstering the company’s existing customer relationships.”

“We are excited to have Enstructure join the Port Houston general cargo terminal family,” claimedPort Houston Executive Director Roger Guenther “Port Houston is recognized for its prominence in the breakbulk business. We’re looking forward to a successful partnership with Enstructure, as we had with Richardson, growing together, and continuing to provide stellar terminal and logistics services in Houston.”

“Gulf ports are some of the fastest-growing gateways in the U.S., and the Port of Mobile is no exception,” claimed Alabama Port Authority Director and also CHIEF EXECUTIVE OFFICERJohn Driscoll “As one of the most diverse ports in the country with expansive general cargo facilities, we are thrilled to see Enstructure grow its operation at our terminals. We look forward to continuing to work with them at our facilities and help them serve their large base of customers through Alabama’s only deep-water seaport.”

“Enstructure’s expertise in terminal operations and its growing market presence made the company a natural fit,” claimed Kelly, Chance, and also Mike Richardson, proprietors ofRichardson “Over 270 Richardson employees, including all operating personnel and management, will remain in place following the acquisition. We are confident that Enstructure’s industry-leading service will ensure a seamless transition for Richardson’s customers and employees. We are excited to partner with Enstructure to share best practices and invest in our systems and equipment to create long-term growth opportunities for our customers across the Gulf Coast.”

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