Worthington Industries today announced that it has acquired the business of James Russell Engineering Works, Inc. (JRE).
JRE manufactures aluminum and stainless steel cryogenic transport trailers used for hauling liquid oxygen, nitrogen, argon, hydrogen and liquefied natural gas (LNG) for top producers and distributors of industrial gases and LNG.
“JRE is recognised as making some of the highest quality trailers in North America. Their capabilities nicely complement the Aritas cryogenic business we recently purchased in Europe,” said Andrew Billman, president of the Worthington Industries pressure cylinders business.
“With the addition of JRE’s transport trailers, we now are able to support our customers’ storage and transport needs in every component of the LNG and industrial gas ‘mobile pipeline,’ from the oilfield to onsite storage and regasification.”
JRE is located in Boston, Mass. and employs 32 people. Founded in 1874, the family owned business has produced cryogenic transport trailers for over 50 years. James Russell is recognised as a pioneer in the development of manufacturing LNG and industrial gas trailers in the US. The company also offers cryogenic trailer repair services. JRE’s historical annual sales are $5-8m.