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Keller Group Acquires Florida-Based HJ Foundation
Odenton, MD (PRWEB) October 16, 2007 -- Keller Group plc (www.keller-ge.co.uk), the international ground engineering specialist with extensive operations and activities in North America, announces the purchase of the business and assets of HJ Foundation, Inc.
HJ Foundation, established in 1988 and based in Miami, Fla., is the leading deep foundation contractor in the Florida market. It reported revenues of $92 million in 2006. With more than 200 employees, the company serves a commercial and municipal client base across a broad geographic area from its facilities in Miami and Ft. Myers.
HJ Foundation specializes in continuous flight auger (CFA) piles, the most popular deep foundation system for commercial applications in Florida. The company also offers a range of other complementary foundation products such as Vibro-compaction and excavation shoring to its customers.
Commenting on the acquisition of HJ Foundation, Bob Rubright, managing director for Keller?s U.S. operations, said, ?We are very pleased to welcome the people of HJ to our family of companies. HJ has proven itself as a highly effective organization, and it is an excellent strategic fit with Keller?s quality-focused U.S. foundation business.?
Rubright reported that HJ Foundation will continue to operate under current management personnel as a stand-alone business, similar to Keller?s other U.S. foundation businesses including Hayward Baker, Case Foundation Company, McKinney Drilling, and Anderson Drilling.
Keller Group plc (www.keller-ge.co.uk) is a London, U.K.-based multinational company with specialty foundation operations in Europe, North America, Australia, the Middle East and East Asia. Worldwide revenues in 2006 exceeded $1.8 billion. Keller?s U.S. operations represent more than 50% of the company?s worldwide business activity, posting more than $900 million in revenues in 2006. Its U.S. operations include Suncoast Post-Tension, the largest supplier of post-tensioning materials to residential and commercial markets.
For more information on the North American activities of Keller Group, contact Bob Rubright at 410-551-8200.
The Keller Group of companies is a multinational organization providing geotechnical construction services throughout the world. Web site address: www.keller-ge.co.uk.
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This press release has been reprinted from PRWEB per the terms and conditions of the copyright notice.
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