Wright Review: Texas Business Report, Logo

Manufacturers: Other News

CENTRAL TEXAS

SAN ANTONIO-based refining company Andeavor has completed its first tanker shipment of fuel to Mexico. A Marshall Islands-flagged tanker named the Silver Hannah delivered Andeavor's fuel shipment to a Petroleos Mexicanos terminal in the Baja California port of Rosarito. Marine shipping records show that the Silver Hannah picked up the shipment from an Andeavor facility in Anacortes, Washington, and arrived in Rosarito on October 7, 2017. The fuel delivery will be transported via Pemex Logistics pipelines to storage terminals in other parts of Baja California. Earlier in 2017, Andeavor entered into a storage terminal and pipeline access deal with Petroleos Mexicanos. Also, the refining company entered into a deal with Tijuana-based Professional Fuels Solutions SA de CV, or Profuels, to open Andeavor's brand of ARCO gas stations in Mexico. So far, Profuels has opened two ARCO branded gas stations in the border city of Tijuana. Andeavor has been supplying the gas stations with fuel using tanker trucks that cross the U.S./Mexico border via international crossings near San Diego. www.andeavor.com

Gibraltar Cable Barrier Systems LP, MARBLE FALLS, manufactures vehicle barriers for various tasks, from security to keeping cars on the road. It has agreed to a buyout by Tecum Equity Partners. The company is a division of Gibraltar Materials. Gibraltar has installations in nearly every state and three continents. It has 32,000 square feet of office/shop space located on approximately 16 acres. It has offices in Houston and in Santiago, Chile, with the latter serving international markets. www.gibraltarus.com/en

Employees with SAN ANTONIO-based military contractor Sunbelt Design & Development are receiving free classes from Alamo Colleges thanks to a special program administered by the Texas Workforce Commission (TWC). Under TWC's Skills for Small Business Program, workers at companies with less than 100 employees can receive free classes and training — up to $1,800 in tuition and fees for new employees or up to $900 for incumbent employees. Following an 8-hour course, six employees received a certification clearing them to operate the company's forklift. Other employees will become OSHA certified in workplace safety while some will take a first-aid and CPR class. Another 20 will take classes on Microsoft Excel. Sunbelt's employees make parts for military equipment. The company's employees will receive $23,000 worth of free training through April 2018 from the state program. www.sunbeltdesign.com

SAN ANTONIO-based midstream company Valero Energy Partners LP bought a 141-mile pipeline and 47 storage tanks from its parent company Valero Energy Corp. as part of $508 million dropdown deal. Valero Energy Partners confirmed that it bought storage terminal assets at Valero's Port Arthur Refinery and 100-percent of Parkway Pipeline LLC. The deal is expected to close on November 1, 2017. It gives Valero Energy Partners control of 47 storage tanks that can hold a combined 8.5 million barrels of crude oil, intermediates, and refined petroleum products. The 141-mile Parkway Pipeline is a 16-inch refined petroleum products pipeline linking Valero’s refinery in St. Charles, Louisiana, with the Plantation and Colonial pipeline systems in Collins, Mississippi. The Parkway Pipeline currently has 110,000 barrels per day of capacity, with the ability to expand to more than 200,000 barrels per day. Upon closing, Valero Energy Partners plans to enter into separate 10-year terminaling and transportation agreements with its parent company. The agreements are each expected to include minimum volume commitments covering approximately 85 percent of expected throughput. www.valeroenergypartners.com

AUSTIN-based VirTex Enterprises manufactures printed circuit board assemblies and other critical electronic systems for small and medium-sized businesses across a wide range of industries, including: industrial, aerospace and defense, automotive, and medical. VirTex has been acquired by an affiliate of Insight Equity Holdings LLC. VirTex has over 165,000 square feet of manufacturing space with the ability to produce both complex electronic components and complete systems for customer platforms with volumes ranging from prototyping to full-scale production. VirTex has additional manufacturing facilities in Menomonee Falls, Wisconsin, and Juarez, Mexico. www.virtexassembly.com

NORTH TEXAS

Ryder System, Inc. has completed the acquisition of Dallas Service Center, Inc. (DSC), an independent truck repair facility located in DALLAS. Ryder intends to operate the business under the name Ryder Dallas Service Center, maintaining its current service offerings. Ryder intends to retain the existing workforce of approximately 50 employees. The acquired operation is located at 5115 S. Cockrell Hill Road and is adjacent to Ryder’s existing Redbird truck rental and service location. The acquired location consists of a 5.87 acre property and 34,000 square feet of facilities, including 31 commercial vehicle maintenance bays, two paint booths, and two wash bays. www.ryder.com

Mohr Capital, a Dallas-based real estate investment firm has sold a manufacturing and distribution center in DENTON after nearly doubling the size of the facility for its sole tenant. The ESAB Group Inc. is a subsidiary of Colfax Corp. Mohr Capital added 187,400 square feet of air-conditioned distribution space to the welding equipment manufacturer's facility. That nearly doubled the real estate footprint of The ESAB Group's existing 235,419-square-foot facility on the 30.08-acre tract in Denton. The 422,819-square-foot facility sits along Interstate 35 and houses The ESAB Group's corporate offices, research and development, and manufacturing and distribution operations. New York-based New Mountain Capital acquired the 422,819-square-foot facility at 2800 Airport Road. www.esabna.com

The Ferrero Group, a confectionary group, announced a definitive agreement pursuant to which a Ferrero affiliated company will acquire Ferrara Candy Company, a non-chocolate confectionary company, with strong positions in the gummy and seasonal candies categories. Ferrara is best known as the maker of iconic brands such as Trolli, a manufacturer of gummy candies; Brachs candy; and Black Forest Organics, a producer of organic and fruity candies. Ferrero manufactures chocolate confectionaries, including, Tic Tac breath mints, Ferrero Rocher pralines, Nutella hazelnut spreads, and the Fannie May and Harry London chocolate brands. Ferrero expects to operate Ferrara as a separate unit and to maintain Ferrara’s headquarters in Oakbrook Terrace, Illinois. Ferrero noted that Ferrara has consolidated its manufacturing and distribution footprint to four plants in Bellwood and Forest Park, Illinois, and Reynosa and Vernell, Mexico, two distribution centers in Bolingbrook, Illinois and GRAND PRAIRIE, and an engineering and R&D center in Bellwood, Illinois. Ferrero intends to maintain and leverage this existing footprint with no further planned consolidation. The transaction is subject to customary closing conditions and regulatory approvals, and is expected to close in the fourth quarter of 2017. www.ferrarausa.com

IRVING-based Fluor Corporation has been awarded a contract by the U.S. Army Corps of Engineers Huntsville (Alabama) Engineering Center to help restore electric power to Puerto Rico. The six-month single award task order is valued at approximately $240 million. Fluor Corporation is a global engineering, procurement, fabrication, construction and maintenance company that designs, builds and maintains capital-efficient facilities for its clients on six continents. www.fluor.com

IRVING-based Global Power Equipment Group Inc. is a design, engineering and manufacturing firm providing a broad array of equipment and services to the global energy and industrial markets. Global Power has sold its Mechanical Solutions segment, which was comprised of its Braden North America, Braden Europe and Consolidated Fabricators (CFI) businesses, to Innova Global Ltd., a portfolio company of TriWest Capital Partners. Prior to the sale of Mechanical Solutions, the Company reported in three operating segments. The Mechanical Solutions segment designs, engineers and manufactures a comprehensive portfolio of equipment for utility-scale natural gas turbines. The Electrical Solutions segment provides custom-configured electrical houses and generator enclosures for a variety of industries. The Services segment provides lifecycle maintenance, repair, on-site specialty support, outage management, construction and fabrication services for the power generation, industrial, chemical/petrochemical processing and oil and gas industries. Going forward, the Company will report in two operating segments: Electrical Solutions and Services. Innova Global, formerly ATCO Emissions Management, is a full-service engineering, fabrication, procurement and construction company specializing in air and noise emissions control, acoustic consulting, gas turbine systems, heat recovery, waste heat recovery boilers, SAGD boilers, modular gas compression facilities, and turnkey building solutions primarily for oil and gas, power generation and industrial customers. Innova has 160+ employees between its offices in HOUSTON; Calgary, Alberta; Cambridge, Ontario; Tulsa, Oklahoma; Plymouth, Minnesota; Albany, New York; Denver, Colorado; Pittsburgh, Pennsylvania and now Gladstone in Australia; and 250+ employees in its fabrication facilities in Monterrey, Mexico and St. George, Utah. www.globalpower.com

SOUTH TEXAS

Houston-based Pin Oak Corpus Christi LLC has closed on the purchase of Gravity Midstream Corpus Christi, CORPUS CHRISTI. The purchase was made to expand operations for the facility, which will now operate under the Pin Oak Corpus Christi name. Company officials said the move would also necessitate an increase in the current workforce, maybe double, but no time frame was given on when that would occur. The site is Gravity Midstream's Corpus Christi Terminal at 6600 Up River Road. Gravity Midstream purchased the crude oil terminal two years ago, but it had not been operating at full capacity prior to its sale. It did conduct storage and processing of liquid asphalt, though. Pin Oak Corpus Christi completed the purchase with two partners, Dauphine Midstream LLC and Mercuria Energy Group LLC. The latter two companies recently commissioned a new liquids terminal in Mt. Airy, Louisiana — Pin Oak Terminals — that has a contracted capacity of about 4 million barrels. The Corpus Christi facility is operational with pipeline connections into nearby refineries, nearly 740,000 barrels of storage, a crude processing unit, polymer modified asphalt plant, rail loading and unloading facilities, truck rack and access to barge docks. www.pinoakcorpus.com

SOUTHEAST TEXAS

In July 2017, Finzer Roller acquired the roller division of HOUSTON-based American Elastomer Products (AEP), a deal that strengthened the firm's presence in Texas. AEP consisted of two divisions—one that made rubber-covered rollers and the other that produced molded goods. Finzer Roller was unable to come to an agreement for the molded goods division. Finzer Roller manufactures rubber and urethane rollers from eight manufacturing locations throughout the U.S., and employs about 200. It serves the flexible packaging, corrugated wood, steel and printing industries, among others. www.finzerroller.com

Noble Group Ltd. will sell its Noble Americas Corp. to Vitol US Holding Co., part of Switzerland-based energy and commodities company Vitol. The deal is expected to close by the end of 2017. Noble Group has U.S. regional hubs in HOUSTON and Stamford, Connecticut. Vitol has its U.S. headquarters in HOUSTON. www.vitol.com ; www.thisisnoble.com

Canada-based seafood supplier and distributor Cooke Inc. will acquire HOUSTON-based Omega Protein Corp. The deal is expected to close either at the end of 2017 or early 2018. Omega Protein does not expect the deal to have an immediate impact on day-to-day operations and is unsure if there will be staff reductions as the company moves from public to private. Omega Protein, a nutritional products manufacturer, is a supplier for Cooke, and the transaction expands Cooke’s vertically integrated supply chain. Omega Protein operates in two primary industry segments: animal nutrition and human nutrition. Cooke will acquire all of Omega Protein’s assets, which include: Seven manufacturing plants; 38 fishing and carry vessels; Shipyard with three floating dry docks.; and, 27 small engine airplanes, private strips and a mechanical shop in Louisiana. www.omegaprotein.com ; www.cookeseafood.com

Scotland-based Wood Group closed on its acquisition of London-based Amec Foster Wheeler. Both companies have had a significant presence in HOUSTON, but changes are coming to the combined entity. First, the combined company’s name is now known as “Wood.” Now that the acquisition is complete, Wood plans to close some Energy Corridor offices to better integrate employees. The company hasn’t decided which offices to close yet, but major job cuts are not expected. The combined company has about 6,000 employees in Houston. There are nine Houston-area locations. In other news, Honghua Group Ltd. has let a $12-million front-end engineering and design (FEED) contract to Wood PLC for its LNG platform development in the Gulf of Mexico’s West Delta area. The main objective of the FEED is to finalize the design of what Honghua is calling the world’s first offshore platform-based natural gas liquefaction and storage facility. Wood recently completed the pre-FEED for this project. Wood’s scope of work includes the onshore gas pretreatment plant configuration and layouts, general utilities, feed gas processing and compression, and transportation and delivery via repurposed pipelines from the existing onshore Toca and Venice, Louisiana, facilities to the LNG facility 10 miles offshore. Once completed, expected to be in 2020, gas from the Permian basin in Texas will be transported to the offshore platform where it will be liquefied, stored, and exported globally. The facility will be designed to produce as much as 4.2 million tonnes/year of LNG and to store 300,000 cubic meters of LNG. www.woodplc.com

WEST TEXAS

Exxon Mobil Corporation has acquired a crude oil terminal in WINK from Genesis Energy LP. The terminal is in the Delaware Basin that is part of Permian Basin. The terminal is strategically positioned to handle Permian Basin crude oil and condensate for transport to Gulf Coast refineries and marine export terminals. The facility is interconnected to the Plains Alpha Crude Connector pipeline system, and is permitted for 100,000 barrels per day of throughput with the ability to expand. This acquisition marks ExxonMobil’s first terminal in the Permian Basin to be anchored by the corporation’s newly acquired Delaware Basin acreage, previously announced in January 2017. www.exxonmobil.com