Burns & McDonnell Inc. Acquires AZCO INC.

"Acquisitions are common in our industry, but extremely rare at Burns & McDonnell," says Ray Kowalik, CEO-Elect, Burns & McDonnell Inc. "AZCO is a natural partner for us. Their industry-leading construction and pipe fabrication capabilities are a perfect fit into our multibillion dollar construction arm."

Kowalik says AZCO not only aligns with the firm's construction expertise, it also matches up with Burns & McDonnell's culture that is driven by an entrepreneurial spirit. Both organizations are 100 percent employee-owned and will remain that way.

"Together we share a unique blend of ownership culture and rich industry experience," says Kowalik who points out that AZCO brings 68 years of experience to Burns & McDonnell's 119 year-old firm. "This combination of specialized leadership and skill is what we can't wait to make available to our clients."

"At AZCO we repeatedly experience unprecedented growth and are getting ready to close out another record year. We look forward to joining the Burns & McDonnell family and continuing that growth while maintaining our local commitment to the community we call home in northeast Wisconsin," said President and CEO John Trottier. "We've worked closely with Burns & McDonnell on many successful projects in the power sector throughout the past 20 years."

AZCO employees will stay based in their Appleton, Wisconsin headquarters and additional offices in northeast Wisconsin, Minnesota and Colorado. AZCO's relationships with international trade unions will remain in place and they are eager to see these partnerships grow as business continues to grow.

"We believe the acquisition will magnify the strengths of both companies, allowing us to better achieve success together, than what we can do apart," says Kowalik.

The duo just completed an engineer-procure-construction project on the Empire Riverton Power Plant in Riverton, Kansas. The team converted an existing combustion turbine generator to a combined-gas-fired power facility. The high efficiency system will control fuel costs, lower emissions and provide reliable energy for consumers. The project recently received a Zero Injury Safety Award from the National Maintenance Agreements Policy Committee for completing more than 600,000 on-site labor hours and zero recordable injuries.

In addition to being known for its exceptional craftsmanship in construction, AZCO operates a 71,000 square foot fabrication center that produces carbon steel, stainless, chrome-moly, and exotic alloy pipe and metal fabrication.

"This acquisition takes us to the next generation of service to our clients," says Kowalik.

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About Burns & McDonnell

Burns & McDonnell is a family of companies made up of more than 5,300 engineers, architects, construction professionals, scientists, consultants and entrepreneurs with offices across the country and throughout the world. We strive to create amazing success for our clients and amazing careers for our employee-owners. Burns & McDonnell is 100 percent employee-owned and is proud to be No. 16 on Fortune's 2016 list of 100 Best Companies to Work For. For more information, visit burnsmcd.com.

About AZCO INC.

Established in 1949, AZCO INC. is a leading national industrial and fabrication contractor headquartered in Appleton, Wisconsin with additional offices in Minnesota and Colorado. With more than 250 union and non-union employees locally and working with more than 750 union craftsmen nationally, AZCO INC. is 100 percent employee-owned. For more information, visit www.azco-inc.com.

Contact:  Kristi Widmar, Burns & McDonnell
816-448-7379
[email protected]

Maria Nelson, Red Shoes PR, Inc.
920-574-3253
[email protected]

SOURCE Burns & McDonnell

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