Stuart Steel Protection Acquires Northwestern Cathodic

Stuart Steel Protection (SSP), a Colorado-based provider of cathodic protection materials and services, has agreed to acquire the assets of Northwestern Cathodic (NWCAT). The strategic move is expected to effectively double SSP's workforce and expand its geographic reach. NWCAT, with locations in Grand Junction, CO and Greenville, SC, specializes in providing cathodic protection materials and services for various sectors including utilities, propane, onshore oil field production equipment, vessels and tanks. In January, Houston-based Integrated Utility Services (IUS) acquired Stuart Steel Protection to strategically grow the business to serve the energy industry's maintenance, repair, operations and project needs. Trinity Dawson, President and CEO of IUS, stated: "The acquisition of Northwestern Cathodic aligns perfectly with our strategy for Stuart Steel Protection, which includes geographic expansion, broadening our product range and growing our employee base. Beyond the opportunity this move provides to further enhance the value proposition we deliver to our existing customers, we are very excited about strengthening our position in establishing relationships with new customers across multiple industry subsectors." Stuart Steel Protection ranks among the leading manufacturers, packagers and master distributors of corrosion control products, with locations in New Jersey and Georgia. The acquisition, expected to close in November 2023, will expand SSP's locations to Colorado and South Carolina and will double the company's workforce, creating significant capacity to serve its customers. Chris Moore, Founder and President of Northwestern Cathodic, will join Stuart Steel Protection as Chief Strategy Officer. Moore stated: "I am extremely proud of what the NWCAT family has accomplished over the last seven years, and I have no doubt we have partnered with the right team to take what we have built to the next level." Source