TPI May 2013

business & market news Investments in trenchless rehabilitation

to mainline sewer repair and proprietary gasket seals. They also have a broad distribution network of installers/ contractors and an extensive range of intellectual property. The companies will continue to operate independently, to address the specific needs of their respective customer bases, market channels and individual growth plans. However, the companies may share certain intellectual property assets and knowledge to satisfy their respective customer requirements under licensing agreements. The companies previously announced they had settled patent litigation that had been pending between them.

and mainline sewer repairs. Established in 1998, the company has significant intellectual property assets and more than 1,000 certified installers of its technology, with a strong international distribution network. “We are extremely pleased to work with the two leaders in the trenchless sewer industry to provide capital and assist with their growth plans,” said Mike Reardon, chairman and chief executive officer of Triwater Holdings. “Demand is increasing for trenchless solutions to the world’s rapidly deteriorating water and sewer infrastructure problems. “These solutions require creativity and reliable access to innovative technology. Our investment in capital and management will enable these two market leaders to accelerate their growth plans to provide more of their proprietary solutions to more customers in North America and around the world.” The two companies, on a combined basis, provide a comprehensive array of products and technology in the trenchless industry, covering everything from laterals and manhole rehabilitation

Triwater Holdings, a Chicago-based water treatment and infrastructure company backed by Bolder Capital LLC, has completed growth capital investments in LMK Technologies and Perma-Liner Industries, two leading companies in trenchless rehabilitation of water and sewer infrastructure. These two companies provide an extensive range of trenchless equipment, products and technologies used for the repair and rehabilitation of infrastructure, utilising cured-in-place- pipe (CIPP) technology. LMK Technologies, based in Ottawa, Illinois, USA, is an expert in trenchless technologies for the renewal of sewer lateral infrastructure. Founded in 1993, the company holds more than 90 issued national and international patents, and has authored two specific ASTM standards (ASTM F2561-11 and ASTM 2599-11) for its advancements in trenchless pipe and sewer repair. Perma-Liner Industries, based in Clearwater, Florida, USA, claims to have North America’s largest distribution network of plumbing and drain cleaner contractors for CIPP lateral rehabilitation

Triwater Holdings – USA www.triwaterholdings.com

LMK Technologies – USA www.lmktechnologies.com

Perma-Liner Industries – USA www.perma-liner.com

Dedicated supplier of seamless steel tube and pipe!

Sharon Tube re-enters DOM industry As of 1 April 2013, JMC Steel Group’s DOM product line will be marketed under the Sharon Tube brand name. Bill Perrine has been appointed as president of the new division.

• EN 10294 • EN 10305 • EN 10216 • EN 10297 • EN 10210 • API 5L • ASTM A106 • ASTM A179

of-the-line equipment will allow for faster order fulfilment as well as the production of the highest-quality precision tubing, made to exact customer tolerances.” “We are very pleased to welcome Bill back to the company as president of our DOM product line,” said Dave Seeger, president of JMC Steel Group. “Bill’s extensive experience will make him an enormous asset for the division, and I look forward to working with him to continue to make our Sharon Tube DOM product line the best in the industry.”

Mr Perrine, a 32-year veteran of the steel pipe and tube industry, most recently served as the CEO of Sharon Tube prior to his retirement in 2007. “The reinstatement of the Sharon Tube brand could not have come at a better time,” said Barry Zekelman, CEO of JMC Steel Group. “Sharon Tube has always been the recognised quality and service leader in the precision tubing industry. Our top-

Member of the ITA Contact: Tel: +44 (0) 2084 530046 Emails: info@qualitube.co.uk 0.8A Europa Studios Victoria Road London NW10 6ND

Sharon Tube Co – USA www.sharontube.com

www.qualitube.co.uk

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May 2013 Tube Products International