Oct. 2, 2017 - Allied Mineral Products, Inc. has purchased Riverside Refractories, Inc. This acquisition will allow Allied to increase its manufacturing presence in the Southeast, add taphole clay to its growing line of industry-leading refractory products and expand its sales into the steel industry. The sale includes Riverside’s Pell City, Alabama manufacturing operation, monolithic and pre-cast refractory shapes products, refractory coatings and mortars and high-alumina and anhydrous taphole clay products.
“Riverside is a natural to join the Allied family,” said Jon R. Tabor, Chairman and CEO of Allied. “They have outstanding products, expertise in the manufacture of taphole clays, a skilled workforce, and an employee-driven culture that is a perfect fit with Allied’s. After our recent acquisition of Pryor Giggey Co., which included a facility in Anniston, Alabama, Allied is poised for a significant manufacturing presence in the Southeast.”
Allied’s acquisition of Riverside creates opportunities to offer the Riverside product lines to a broader customer base in the United States and newly into international markets. Riverside’s domestic presence complements Allied’s existing US operations and will allow Allied to offer its customers more options for regionalized manufacturing and sales support.
“Riverside has been owned and operated by the Morris family for three generations. We are proud of what we and our employees have accomplished over the years,” said John Morris, President of Riverside. “As the marketplace continues to be more competitive, we realized we needed to align with a strong company to ensure we could continue to serve our customers and provide security for our employees. With this sale, we know our customers and employees will benefit and that was very important to us. We are excited that Allied’s global manufacturing network and worldwide sales presence will provide a platform to market the Riverside product lines internationally. We could not be in better hands.”
“The Morris family has been a force in the refractory industry for over 60 years,” added Tabor. “We have great respect for what they have achieved at Riverside. There is great value in the brand and in the name, and we look forward to carrying on their tradition of great products and customer service.”
Riverside’s production facility in Pell City, Alabama joins Allied’s existing US manufacturing operations in Columbus, Ohio; Brownsville, Texas; Chehalis, Washington and Anniston, Alabama.
Allied Mineral Products, Inc. is a leading global manufacturer of monolithic refractories and precast, pre-fired refractory shapes with 12 manufacturing facilities in eight countries, three precast shapes facilities and two research and technology centers. Headquartered in Columbus, Ohio, Allied serves a wide variety of industries with innovative refractory solutions and exceptional service and support, backed by expert engineering and research teams and over 130 sales representatives. Allied is proud to be an employee-owned company.