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THE REYNOLDS COMPANY ANNOUNCES ACQUISITION OF PIPE, VALVE AND FITTINGS (PVF) DISTRIBUTOR, FLOW-ZONE
Fort Worth, Texas – February 14, 2020- The Reynolds Company, a wholly-owned subsidiary of McNaughton-McKay Electric Company, is pleased to announce the acquisition of Flow-Zone.
Flow-Zone is the premier distributor of pipe, valves, fittings, instrumentation, controls and measurement equipment for the Upstream, Midstream and Downstream Markets throughout Texas and New Mexico. Serving the oil and gas industry for over 20 years, Flow-Zone operates from seven strategic locations in the Permian Basin, Delaware Basin and Eagle Ford Shale with corporate headquarters located in Houston, Texas. The Reynolds Company addition of Flow-Zone provides significant geographic expansion, a highly aligned portfolio of products and an unwavering commitment to quality. Effective today, Flow-Zone becomes an operating unit of The Reynolds Company, with all seven locations continuing to serve customers “business as usual” under the established Flow-Zone brand. For more information, visit www.flow-zone.com.
"We have been looking at the PVF space for some time as a complementary market segment and are excited to give our customers a deeper and more diversified offering,” said David Dozier, Executive Vice President of The Reynolds Company. Dozier further explains, “This combination of quality products, services and innovative solutions for Electrical and PVF will help customers streamline their operations, enabling them to focus on what really matters, their business goals.”
"With the transaction now complete, we are pleased to formally welcome the associates from Flow-Zone, to our employee-owned company.The culture they have established over the last 20 years fits perfectly with The Reynolds Company creating a great synergy” said Walt Reynolds, CEO of The Reynolds Company. “The acquisition of Flow-Zone expands our footprint, adding logistical advantages as well as enhanced product and service capabilities for the oil and gas industry throughout Texas, Louisiana and New Mexico.”
About The Reynolds Company:
The Reynolds Company was founded in 1984 by Don Reynolds Sr., in Fort Worth, Texas. This multigenerational company, now a subsidiary of McNaughton-McKay Electric Co. serves the industrial end user, industrial OEM and commercial construction markets with 18 locations across Texas and Louisiana.
For more information visit: www.reynoldsonline.com.
About McNaughton-McKay Electric Company:
McNaughton-McKay Electric Company is a 100% employee-owned distributor of electrical products and solutions for the industrial automation, commercial and construction markets. The company was founded in 1910 in Detroit, Michigan and serves customers in 25 locations covering five states: Georgia, Michigan, Ohio, North Carolina and South Carolina, as well as two locations in Germany.
For more information visit: www.mc-mc.com.