The National Newspaper of the Liquid and Dry Bulk Transportation Industry
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CONSTRUCTIONMATERIALS
Werts adds Billings, Mt. branch
Werts Welding and Tank Service,
one of the nation’s leading suppliers
of tank trailer parts, opened a branch
last month in Billings,
Montana, company
officials said.
Like the company’s
other locations, the
Billings branch will
provide a complete line
of tank trailer parts for
the dry-bulk, petroleum
and liquid hauling
industries.
Werts Welding was founded in 1957
in Wood River, Ill., by Robert and
Verna Werts. In 1977 they were joined
by their son, Dwight Werts, now the
president and chief executive officer.
Over the past several years, the
Werts family expanded its network
so it could better serve customers. In
1991 the company opened a branch in
San Antonio, Texas, and in December
1997 expanded into Birmingham, Ala.,
Atlanta, Ga., and Tampa, Fla. In 2003
the company opened its sixth branch
-- in Des Moines, Iowa.
The address for the newest branch
in Billings is 103 Sugar Ave., Billings,
Montana, 59101. Further information
may be obtained by calling 855-259-
7563 or sending a facsimile message
to 406-259-7763.
American Industrial Partners
(AIP), a private equity firm, last
month purchased Athens, Tenn.-based Heil Trailer International from
Dover Corp., company officials said.
Heil Trailer is an international
provider of engineered tanks and
trailers for various end markets,
including the oil and gas and
infrastructure industries. The trailers
are designed to transport liquid, dry-bulk and specialty products.
Founded in Wisconsin in 1901, Heil
Trailer operates three manufacturing
facilities in North America and
also has facilities in Thailand and
Argentina that focus on the emerging
markets of Asia and Latin America.
Concurrent with the sale, Heil
Trailer appointed Randall Swift as
its chief executive officer. Prior to
joining the company, Swift was chief
Inc. (ASV), a $1 billion manufacturer
of ambulances, terminal trucks, fire
trucks, school buses, and motorized
recreational vehicles. ASV is a
portfolio company of American
Industrial Partners.
In addition, Bob Foster has
re-joined Heil Trailer as its
chairman of the board, the company
said. Foster was president of Heil
Trailer for 15 years prior to his
retirement in 2006. He then led a
number of growth initiatives that
diversified Heil Trailer.
“Heil Trailer is one of the
longstanding leaders in the
marketplace due in large part to the
talents of its people. I look forward
to working with each of them to grow
and enhance Heil Trailer’s leadership
position,” Swift said.
Foster said he would continue
to focus on the “fundamental
Investment firm buys Heil Trailer
(Heil Trailer sale continued on page 6)
Lake Truck Lines moving, expanding
Lake Truck Lines Inc., founded
62 years ago, has moved its
headquarters from Houston to a
10-acre site in San Antonio, Texas,
according to Douglas S. Cain,
company president.
“After a number of years of serving
our South Texas clients with satellite
offices, we felt that the coming
explosion of business in the Eagle
Ford Shale can only be fully served by
Lake moving its headquarters to San
Antonio,” Cain said.
Lake’s new facility is located off
Loop 1604 near IH-37.
“Our new headquarters includes
not only the corporate offices,
but a drivers’ training building,
showers, sleeping quarters, and a
business center for the drivers,”
Cain said. “The first two bays of our
maintenance and service facility are
open for company and contractor
repairs alike.”
In other company news, Lake
announced recently it has formed
a new entity called Lake Oilfield
Services. It will provide frac tanks,
cement batch mixing equipment, bulk
barite tanks, bulk barite silos, pig
tanks and skids for the growing Eagle
Ford Shale oil fields and beyond.
(Lake Truck Lines continued on page 6)
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