The UK based Welding Alloys Group, who manufacture welding wire & rail welding equipment for the rail industry, has acquired Track-Weld Industries, based in Kentucky, USA.
Track-Weld Industries has assisted Burlington Northern Santa Fe, CSX, Norfolk Southern, Union Pacific and other railroads, in the development of procedures and processes for repairing and maintaining rails and crossings.
Welding Alloys USA, a subsidiary of the UK division, has been Track-Weld’s partner and has provided innovative welding products during these projects, spanning 20 years.
Sandy Tribble, President of Track-Weld Industries, said:
“Welding Alloys has been a great partner and a natural candidate to acquire us.
“Welding Alloys USA has been our supplier for more than 20 years and responded quickly to new requirements from the railroads.”
“The acquisition of Track-Weld was critical in two ways: firstly, it allows us to expand Track-weld’s product offering particularly in the area of automatic welding equipment and secondly, it provides a great opportunity to expand Track-Weld’s success into our 30 subsidiaries around the world. The international expansion enables access to the experts in Track-Weld,” said Jeffery Watkins, President of Welding Alloys USA.
Over the next three months, Welding Alloys will be relocating Track-Weld’s facility from Paducah to Florence, USA, where Welding Alloys USA is headquartered.
The acquisition of Track-Weld will further assist Welding Alloys Group’s long-term strategy in becoming a key player in railroad maintenance of way within the Railway/Light Rail industry globally.
