Tuesday, February 06, 2018

Industry-Railway Suppliers acquires ESCO

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Industry-Railway Suppliers, Inc. (IRS), a leading distributor of tools and products for railway construction and maintenance, has acquired the business assets of ESCO Equipment Company.

 

"We are excited to welcome ESCO into the IRS family. Through this acquisition, we highlight our strategic focus and add decades of knowledge and experience to further support the products we distribute and represent. We are now proud to offer customers the reality of a 'one-stop-shop' for welding and track maintenance. This is the next step in the growth of Industry-Railway Suppliers and it provides us an opportunity to offer greater value to our customers," said Scott Commo, president of Industry Railway-Suppliers.

ESCO was established in 1962 and has provided sales and business representation for global railroad product and equipment manufacturers with a specialized mix of maintenance-of-way products.

"United by a common business culture, the acquisition makes an enhanced Industry-Railway Suppliers the foremost provider in rail repair and maintenance products, tools and consumables. ESCO brings with it an excellent group of rail industry professionals with an established reputation for delivering outstanding service and expertise," Industry-Railway Suppliers said in a statement.

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