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Home > BizTimes Daily > Archives > January 17, 2008
Tower Tech Holdings acquires South Dakota firm
Published January 17, 2008 - BizTimes Daily
Tower Tech Holdings Inc. (TWRT) of Manitowoc announced today it has acquired Energy Maintenance Service LLC, a Gary, S.D.-based independent operations and maintenance company.
EMS is the wind energy industry's leading full service provider with over 170 employees throughout the United States. The company's offerings include erection, operations and maintenance, component-repairs and rebuilding of wind turbines.
EMS is led by Joe Kolbach, who will continue as part of the leadership team at Tower Tech as president of the EMS subsidiary.
"We believe the acquisition of EMS represents another big step toward becoming a one-stop, vertically-integrated supplier and service provider to the wind industry," said Cam Drecoll, chief executive officer of Tower Tech. "We also feel that EMS's existing customer base, which includes wind turbine manufacturers representing over 75 percent of the North American market, and its reputation in the industry as a quality service provider will enhance the market opportunities for our existing Tower Tech Systems, RBA and Brad Foote operating companies."
"We are extremely pleased to be joining the Tower Tech family of companies," Kolbach said. "The synergies created by the transaction will create positive opportunities for our existing customers through new product and service offerings, as well as the geographic expansion of service centers in major U.S. wind markets. The additional resources available to us as a part of Tower Tech will benefit our employees, as well as the communities we are a part of."
In connection with the closing of the EMS acquisition, Tower Tech also announced the hiring of Thomas Jonsson as vice president of business development and operations for EMS.
