Chicago headquartered CC Industries,Inc has actually gotten Southern Towing Company (“STC”) from Trive Capital as well as McCombsPartners Founded in 1958, STC is among the biggest drivers of towboats as well as barges along the inland rivers of the United States.
“STC is a remarkable business with a long history of excellence,” stated Bill Crown, President as well as Chief Executive Officer of CCI. “We are delighted to add Southern Towing to the CC Industries family of operating companies.”
Chicago- based CC Industries,Inc runs within Henry Crown as well as Company as the holding business for the Crown household’s privately-held firms.
STC will certainly run as a stand-alone entity as well as Ed Grimm, President as well as Chief Executive Officer, together with the whole administration group, will certainly proceed in their existing duties.
“The management team and employees have grown an exceptional business and fostered a culture of safety and outstanding customer service,” statedMr Crown. “We are excited about STC and dedicated to providing the resources to expand the business and enhance STC’s ability to serve its customers.”
“We are thrilled with our new owners,” statedMr Grimm. “CCI is an ideal partner to support us for the next phase of STC’s growth. With CCI’s operational and financial expertise, we will continue to focus on STC’s four pillars: Success Through Commitment, Safely Transporting Cargo, Service to Customers, and Supporting The Crew.”
