Arctic directory 2019: ASRC announces Industrial Services acquisitions

Petroleum News

Arctic Slope Regional Corp. said Feb. 1 that it is pleased to announce the acquisitions of National Environmental Group and Niles Construction Services by its wholly owned subsidiary ASRC Industrial Services LLC.

Both companies are headquartered in Flint, Michigan, and provide services throughout the Great Lakes Region. NEG is a full service environmental remediation company specializing in asbestos and lead abatement, waste disposal, and site decontamination services. NCS is a painting and coatings contractor. The companies serve a diverse customer portfolio made up of industrial, automotive, and commercial customers.

NEG will join AIS’s Remediation and Response Services operating group and NCS will join AIS’s construction, maintenance, and repair operating group. Each company fills a gap in AIS’s existing portfolio and adds another skilled group of employees to the expanding enterprise.

“Today is another exciting day in the pursuit of the AIS strategy that was initiated in September 2016,” said Rex A. Rock Sr., president and CEO of ASRC. “On behalf of ASRC’s board of directors, it’s my privilege to welcome the management team and talented employees of National Environmental and Niles Construction to the ASRC family of companies. I am confident they will work closely with the AIS team to achieve AIS’s vision of building something unique in the industrials service market, thereby providing additional opportunities for employees and enduring benefits for ASRC’s shareholders.”