Business
TerraVest Announces the Acquisition of Countryside Tank Company
TerraVest Announces the Acquisition of Countryside Tank Company Canada NewsWire ...
About this update from Terravest Industries, Inc.
[{"type":"text","content":"\n\n\n\nTerraVest Announces the Acquisition of Countryside Tank Company\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nTORONTO, Sept. 3, 2019\n\n\n\nTORONTO, Sept. 3, 2019 /CNW/ - TerraVest Industries Inc. (TSX: TVK) (\"TerraVest\" or the \"Company\") announced today that it has acquired the assets of Iowa Steel Fabrication LLC, doing business as Countryside Tank Company and Majona Steel Corporation (collectively, \"Countryside Tank\"). Countryside Tank is a privately-owned Iowa based company primarily focused on manufacturing transportation equipment for the propane and anhydrous ammonia markets as well as structural steel projects.\nDustin Haw, Chief Executive Officer of TerraVest, welcomes the employees of Countryside Tank and looks forward to their continuing commitment to the business and its customers. \"Countryside Tank is a leading manufacturer of propane and anhydrous ammonia trailers for the U.S. market, the addition of the company enhances TerraVest's propane and NH3 trailer offering in the U.S. as well as the scope of services offered in the Midwest. Countryside Tank will play a part in TerraVest's overall effort to maximize product and service capabilities to customers across North America,\" said Mr. Haw.\nTerraVest will acquire Countryside Tank using existing cash and credit facilities. \nCaution Regarding Forward-Looking StatementsThis news release contains forward-looking statements.  All statements other than statements of historical fact contained in this news release are forward-looking statements, including, without limitation, statements regarding our strategic direction and evaluation of the business segments and TerraVest as a whole, and other plans and objectives of or involving TerraVest. Readers can identify many of these statements by looking for words such as \"expects\" and \"will\" and similar words or the negative thereof. Although management believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. \nBy t...