FRIDAY, SEPTEMBER 16, 2022
Manufacturer and distributor of abrasive media Abrasives Incorporated recently announced via emailed release that it has acquired surface preparation equipment and supply distributor Haller-Phillips Incorporated.
Opened in 1962, Haller-Phillips is a distributor of blasting equipment, parts, consumables and various blasting media servicing the oil and gas industry in New Mexico, Texas and Oklahoma. It has reportedly been a distributor of Abrasive Inc.’s Black Magic coal slag for several decades.
The company has locations in Hobbs, New Mexico; Odessa, Texas; Seagraves, Texas; and Brady, Texas. The company reports that it partners with brands such as GMA Garnet, Axxiom/Schmidt Blast Systems, GVS-RPB, Kennametal Blast Nozzles, Clemco Industries, Natrium Products, PFS Mineral Sands, Dolen Sands and Ervin Industries, among others.
“With the purchase of Haller-Phillips in West Texas and New Mexico, we are able to combine resources to better serve customers in two of the largest oil fields in the U.S.,” said Russell Raad, President of Abrasives Incorporated.
“Our knowledgeable field reps and availability of a wide range of products, combined with our high-quality signature product Black Magic coal slag, have the ability to meet every need in the surface prep industry. We appreciate being able to give our loyal customers the very best solutions at competitive prices.”
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Manufacturer and distributor of abrasive media Abrasives Incorporated recently announced via emailed release that it has acquired surface preparation equipment and supply distributor Haller-Phillips Incorporated. |
The company reports that the acquisition fits into its strategy to meet their customers’ needs and their goal of supplying product “where they need it, when they need it.” Raad explained that the acquisition can aid customers who travel for projects or have operations in the Southwest.
Additionally, the acquisition is “exciting” because Abrasives Inc. is an employee-owned company, allowing employees of Haller-Phillips to have the same opportunity to become owners within the new company.
“We began distributing Black Magic coal slag in 2003 when our demand for a premium coal slag ‘outgrew’ our then current supplier. Abrasives met our demand then and still does it today,” noted Bob Ray, Owner and President of Haller-Phillips, Inc. “The last several years have been challenging for us in the oil and gas industry.
“With Abrasive’s diverse product offering, unmatched customer service and sales coverage, we feel the time is perfect to combine our companies to strategically expand our level of service and expertise in the field of abrasive blast media and equipment. We are very excited to become part of the Abrasives, Inc. team, and hold the utmost confidence in our combined approach to becoming a market leader in the surface preparation industry.”
Tagged categories: Abrasives; Abrasives, Inc; Acquisitions; Business management; Business matters; Business operations; Distributors; Program/Project Management; Surface preparation; Surface Preparation; Surface preparation equipment
