FCx Performance acquires J.H Instrument Company
A
Truflo International product story
Edited by the Engineeringtalk editorial team
Nov 9, 2000
FCx Performance, Inc announced today that it has completed the acquisition of J.H Instrument Company, a distributor of industrial valves and process control instruments
FCx Performance, Inc announced today that it has completed the acquisition of J.H Instrument Company.
Based in Charlotte, NC, J.H Instrument is a leading distributor of industrial valves, process control instruments and related flow control equipment to industrial customers in North Carolina, South Carolina, Tennessee and Georgia.
"When we formed FCx Performance about 18 months ago, we stated that a key strategy for the company was to expand its distribution and service capabilities via acquisition," said Charles M.
Simon, President and Chief Executive Officer.
"Jim Johnson (JHI President) has built a great organization with outstanding employees, vendors and customers, and we look forward to building on his record of achievement." "JHI is an excellent strategic fit for FCx," said Charley Hale, FCx Senior Vice President.
"Our existing efforts in the Carolinas are focused almost exclusively on the sanitary/high purity markets." "JHI will broaden our reach into the traditional industrial process markets." With combined sales of $80 million, 14 sales locations in 10 states and more than 150 employees, FCx Performance, Inc.
is one of the largest distributors of specialty process control products in the U.S.
market.
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