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Tensar subsidiary acquires Slope Reinforcement Technology

August 23rd, 2012 / By: / Industry News

Geopier looking to boost market reach

Tensar Corp.’s Geopier Foundation Co. (Geopier) announced in an Aug. 22 press release its acquisition of Slope Reinforcement Technology LLC (SRT).

The acquisition allows Mooresville, N.C.-based Geopier to offer slope stabilization solutions while boosting SRT’s market reach. Geopier has historically focused on providing vertical ground reinforcement in support of foundations and their structures. Danville, Calif.-based SRT has concentrated on slopes that have failed or are potentially unstable, according to the press release.

“SRT is an ideal fit for us because of the complementary solutions each company offers,” said Kord J. Wissmann, president of Geopier. “We will leverage our marketing, sales, and engineering strengths with SRT’s in-depth knowledge of slope repair technologies to create a powerful and complete solution for our clients and customers.”

The release noted that the partnership “supplements Geopier’s industry leading portfolio, which includes the … Rammed Aggregate Pier (RAP) Systems.” The acquisition also gives customers access to SRT through Geopier’s network of installers.

SRT also offers the patented Platepile method for slope reinforcement and repair, which provides slope stabilization using an array of steel or aluminum elements driven into slopes in a staggered array of uniformly spaced rows, according to the press release.

“SRT has developed compelling technical solutions in an underserved market,” Wissmann said. “It is their drive to find innovative solutions and their customer-centric culture that makes this marriage a perfect match.”

For more information: www.tensarcorp.com

Source: Tensar Corp.

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