Arch Aluminum & Glass of Tamarac, Fla., has acquired Glass-Tex
Industries of Houston. With this acquisition Arch now has 24 regional
glass fabrication facilities.
"We are thrilled to add a company of this caliber to Arch,"
said Leon Silverstein, president and chief executive officer.
"This acquisition is the beginning of our new strategy to
acquire successful small- to medium-sized companies that fit into
our geographical footprint and family oriented culture."
According to Arch's announcement, Glass-Tex is well regarded
in its region, and there are no plans to change the progress it
has made over the last 18 months under the leadership of Gene
McKay and Shirley Taton.
"It made sense because the ownership of Glass-Tex was looking
for someone, such as the Silverstein family, that had the background
and philosophy to take care of its employees and customer base
with more available resources than an independent company could
provide."
"The ownership and employees are thrilled with the opportunity
they now have. Arch, with its family attitude along with its overall
size, will surely benefit everyone who is involved with Glass-Tex
today," said Jim Adams, Glass-Tex owner.
The Glass-Tex facility is a full fabrication plant that includes
a 100 by 168 tempering furnace and complete insulating and spandrel
processes. Current management and staff will remain with the company.