Social Media     

 Connect with us!
Connect with Supply House Times on Facebook, Twitter, YouTube and LinkedIn

Industrial PVF / Latest News / Company News

Collins Pipe & Supply acquires Apex Remington Pipe & Supply facility

July 31, 2013

Collins Pipe & Supply Co., one of the largest industrial distributors of pipe, valves and fittings, and engineered specialties serving the Northeast,  announced it has successfully finalized an agreement for the acquisition of the assets and staff of the Marcus Hook, Pa., location of Apex Remington Pipe & Supply Co. (formerly Bear Tubular). The amount for the acquisition was not disclosed.

All of the Apex Remington key employees are to remain in place to manage and operate the new Collins location. The acquisition expands Collins Pipe & Supply Co. distribution and engineering services into the largest industrial marketplace in the Mid-Atlantic region. 

Collins-MarcusHook-300px

The new Collins Pipe & Supply Co. location in Marcus Hook, Pa.

“We are delighted to announce this acquisition and that the dedicated and experienced Apex Remington staff will be joining the Collins team,” said President of Collins Pipe & Supply Co. Brian Tuohey. “This acquisition strengthens Collins in two key areas. This company has been recognized as a highly respected master distributor of carbon steel pipe up and down the eastern seaboard for the last 40 years and they also have a very strong presence in the greater Philadelphia oil and gas refinery market and that market is experiencing a very strong resurgence and should continue to grow and expand for many years to come.”

Collins has built its company by encouraging every employee to “think like an entrepreneur” and they back that up by sharing a significant percentage of its annual profits with every single member of its team. The average tenure of a Collins associate is currently an impressive 19+ years.

“Joining the Collins team was a “win/win,” for both companies” said VJ Jacono Jr., the manager of the Marcus Hook facility. “Collins was a natural fit because the acquisition enables both companies to grow and expand with additional product strength into new geographic regions. It is truly one of those extremely rare occurrences, when one and one actually do make three.” 

Collins continues to be headquartered in East Windsor, Conn. The company currently has seven locations, including the centrally located new Marcus Hook facility, in New England and upstate New York.

 


HELPFUL LINKS:

Source: Collins Pipe & Supply Co.

Did you enjoy this article? Click here to subscribe to Supply House Times.
You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

BNP Media's Plumbing Group Visits Grundfos North American Headquarters

BNP Media’s Plumbing Group, comprised of the Plumbing & Mechanical, Supply House Times, PM Engineer (pme) and Reeves Journal brands, recently visited Grundfos’ new North American headquarters building in the western Chicago suburb of Downers Grove, Ill.

5/7/13 2:00 pm CST

How To Use Your Strengths To Fight The Threat Of Amazon Supply

AVAILABLE ON DEMAND A new 8,000 lb. gorilla, Amazon Supply, has taken aim at many of the customers of PHCP supply houses. Supply House Times columnist Dick Friedman, an authority on business planning and the strategic use of inventory, warehouses and technology will present strategies and tactics for you to compete with Amazon Supply.

THE MAGAZINE

Supply House Times

April 2014

2014 April

In the April issue of Supply House Times, there is much focus on young professionals in the distribution industry. Find out who is being recognized as this year's Young Executives for the American Supply Association and read who will be taking over Aaron & Co. when it's current owners retire. Read about Central Plumbing Specialties' recent expansion, catch up on the latest news from the distribution industry as well as the latest products!
Table Of Contents Subscribe

Supply House Times Poll

Trade Associations

Are trade association memberships and participation beneficial to your company?
View Results Poll Archive

The Supply House Times Store

plumbing-hvac.gif
2014 National Plumbing & HVAC Estimator

Every plumbing and HVAC estimator can use the cost estimates in this practical manual!

More Products

Clear Seas Research

CS-OflRGBhomepage.jpgWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

Premier 125

Premier 125 button

The information SUPPLY HOUSE TIMES uses to rank the Premier 125 is the most accurate we can gather. It is primarily based on responses to a questionnaire we send to the wholesalers in our database, supplemented with information obtained from industry reports and estimates.

STAY CONNECTED

facebook Twitter Updated icon Youtube Updated icon    LinkedIn Updated icon