Resco Acquires Worldwide Refractories (5/16/06)
May 17, 2006
Resco Products, Inc. recently acquired all the outstanding shares of Worldwide Refractories, Inc., a manufacturer of dolomitic brick and monolithics. "The acquisition of Worldwide Refractories is both complementary and synergistic for Resco, which will now become the only refractory company in North America able to offer key customer groups a full line of basic and high alumina refractory brick and monolithic products that are manufactured in the U.S. and Canada," said William K. Brown, Resco's president and CEO. "Worldwide Refractories has a reputation for quality products, strong technical support and a culture of responding quickly to customers' needs and expectations. Resco will build on Worldwide's success and expects there will be no disruption to Worldwide's current stakeholders through the integration process."