PSB Acquires Mikron Valve & Manufacturing
Tuesday, February 23, 2010
PSB Industries Inc. has concluded its acquisition of
Mikron Valve & Manufacturing Inc. The merger will be implemented
immediately and is expected to be in normal time of transition without any
disruption to the operation of Mikron’s manufacturing, supply or customer
support functions.
PSB President Mark McCain: "The acquisition of Mikron
will strengthen the capabilities of both companies and allow Mikron to reach a
more diverse and world-wide market through the PSB Organization. We also sell
to similar industries and in some cases within the same customer base. We look
forward to the continued growth of both companies and the value Mikron will add
to our organization. PSB congratulates the former President (Mr. Mike Miczo) on
his tremendous success in the development and evolution of Mikron these past
years. We are excited about our opportunities moving forward in enhancing this
business model and for many more years of continued growth”.
Mikron is a manufacturer of custom High Performance High
Pressure Ball Valves, the Miller line of Stream Flow Check Valves and
specializes in precision machining. Mikron’s Valves are used in the chemical, water,
oil and gas industries. Mikron is ISO9001:2000 certified and holds the American
Petroleum Institute (API) certification.
PSB is a leading designer and manufacturer of dehydration
and purification equipment. Packaged valve skids operate through out the world
in refinery, petrochemical, air separation and fuel gas plants. PSB also
specializes in the fabrication and assembly of specialized industrial
products. PSB is ISO9001:2000, ASME
Section I / SectionVIII certified and is scheduled for their ASME Section III
Nuclear audit March of this year.
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