Michels acquires two companies
Michels Construction, Inc., a wholly owned subsidiary of Michels Corporation, has boosted its already robust marine construction services by acquiring two companies.
PCi Dredging uses dredging and related services to enhance, expand and restore waterways and shorelands. In addition to improving navigability, the company performs work to improve environmental conditions, including floodwater holding and remediation of contaminated soil. PCi Dredging was established in 1978 and like Michels, was family-owned and -operated.
Great Lakes Diving & Salvage uses trained and certified divers to provide inland and offshore underwater construction and diving services. The company serves customers in the civil construction and engineering markets, including federal, state, municipal, and private sectors. In addition to underwater construction, Great Lakes Diving & Salvage’s experience includes design, fabrication and installation of underwater solutions.
Both companies augment Michels Construction services and are aligned with its values and vision. A leader in the design and construction of structurally sound, value-engineered foundations and industrial building solutions, the Michels company is a premiere, go-to contractor for a wide variety of marine work on lakes, rivers, and inlets. In the process, the company has earned a reputation for having the experience, capabilities, capacity, and equipment to tackle projects of all sizes, including many large-scale projects, simultaneously.
“Growing to meet the evolving needs of our customers and markets is part of the Michels mindset,” said Phillip Michels, senior group vice president, Michels Corporation. “Sometimes that happens organically; other times it is through acquisitions. In all cases, our decisions are based on finding new ways to provide our customers with the services they need and the commitments to safety, quality and innovation they expect from us.”
The acquisition will allow PCi Dredging and Great Lakes Diving & Salvage staffs to continue to perform their essential and highly specialized services, while being supported by leadership, equipment and resource of Michels Construction, Inc., and the Michels family of companies.
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