National Standard Announces the Purchase of RevWires
Dates: 03/02/2011 - 03/02/2011
National Standard, a Heico Wire Company, is pleased to announce the 100% purchase of RevWires assets. This acquisition is the culmination of the strategic alliance between RevWires and National Standard.
National Standard is one of the largest suppliers of solid carbon and stainless wire to the North American welding industry.
RevWires is a manufacturer of measurably superior cored welding wire. RevWires combines proprietary international and USA patent pending machinery and processes with a state of the art facility to produce products that are unique to the worldwide welding industry.
This acquisition provides National Standard with an important new product, cored wire, to compliment and complete their already extensive product lines. Jim Hillebrandt, President and CEO of Heico US Wire Companies, said, “The addition of these unique new products will help us better serve our customers and we look forward to making these industry leading products available to them.”
This acquisition is a critical step by National Standard to meet its strategic objective to be a full product line supplier to the welding industry. Additionally, this cored wire product line will provide new sales and market opportunities to National Standard’s existing distributors.
We look forward to becoming a primary supplier of cored wire to the North American weld industry.