Unitrac Acquires Donovan EDH and Trackwork Solutions
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KNOXVILLE, Tenn., Feb. 21 - Unitrac Railroad Materials, Inc., a wholly owned subsidiary of Healey Railroad Corporation and a specialty trackwork manufacturer and distributor of new and relay rail, announced today that it has acquired Donovan EDH and Trackwork Solutions (D.E.T.S.).
Donovan EDH and Trackwork Solutions (D.E.T.S.), based in Danvers, IL, is a strategic addition to Unitrac's business model. D.E.T.S. became the leader in the explosive depth hardening industry by developing the safest, most reliable Explosive Depth Hardening (EDH) process available. The Donovan process incorporates the use of the patented Donovan Blast Chamber, which allows hardening operations to take place in an enclosed blast containment unit. Unlike many "open-air" or submerged processes, the Donovan process protects the product and the workers from the environment and allows continuous operation all-year around.
Unitrac Railroad Materials, based in Knoxville, TN, is an ISO Certified 9001:2000 manufacturer of specialty trackwork items. The company recently completed a plant expansion at its Knoxville facility by doubling the manufacturing capacity and giving it the ability to produce turnouts up to #24 in angle. In addition to producing switch material, turnouts, transition rails, track panels and other specialty trackwork items, Unitrac also has an extensive inventory of new and relay rail and other track materials in Knoxville, TN, Avis, PA, Chicago, IL and Houston, TX.
"The completion of this acquisition represents a significant step in Unitrac's strategy to accelerate our growth as a major trackwork producer," said Ray Lambert, President and Chief Executive Officer of Unitrac Railroad Materials. "The acquisition of D.E.T.S. significantly strengthens Unitrac's current manufacturing capabilities of turnouts, diamond crossings, transition rails and other specialty trackwork items."
"Combining the manufacturing capacity and capabilities of Unitrac and D.E.T.S. enables Unitrac to service existing and potential customers within the railroad industry while making us a more broadly based company than ever before," said Mr. Lambert.
The company invites you to visit its website at: www.unitracrail.com
FCMN Contact: ppietrandrea@unitracrail.com
Source: Unitrac Railroad Materials, Inc.
CONTACT: Phil Pietrandrea of Unitrac Railroad Materials, Inc.,
+1-412-298-0915, ppietrandrea@unitracrail.com
Web site: www.unitracrail.com/
