NFPA member news is designed to inform members of key industry updates in quick, bite-sized posts that provide only the most important information. This week’s update comes from JARP Industries.
JARP Industries announced last week its acquisition of Ordered Motion Systems. The acquisition will help JARP, a company that produces custom hydraulic cylinders for equipment manufacturers in multiple industries, expand its business to include large bore, telescopic cylinders. Such cylinders are used in the oil and gas industries in mast and substructure raising and walking systems, drilling rig erection, and oil pumping. They also have applications in industrial, civil and defense engineering, and mobile construction markets.
“The asset acquisition of OMS complements our current engineering and manufacturing expertise well,” says JARP Industries CEO, Kevin Kraft. “It supports our continuing growth in the oil and gas and civil and defense markets, allowing us to focus on repair as well as new cylinder builds.”
Read the full release here.
Is your company making news? Let us know! Send your press releases regarding acquisitions, key personnel changes, moves, and expansions to Katrina Schwarz at kschwarz@nfpa.com.
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