Refractory Products Manufacturer Expands with Purchase of Southern Supplier
A producer of monolithic refractory products, an employee-owned company headquartered in Columbus, Ohio, has expanded its manufacturing presence in the southeast through the recent acquisition of an Alabama refractory products supplier.
Allied Mineral Products, Inc., with twelve manufacturing facilities in eight countries, three precast shapes facilities, and two research and technology centers, has purchased family-owned and -operated Riverside Refractories, Inc, adding taphole clay to its line of industry-leading refractory products and extending a reach into the steel industry, including international operations. 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.”
“As the marketplace continues to be more competitive, [Riverside] realized we needed to align with a strong company to ensure we could continue to serve our customers and provide security for our employees,” said John Morris, president of Riverside. “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 U.S. manufacturing operations in Columbus, Ohio; Brownsville, Texas; Chehalis, Washington; and Anniston, Alabama.
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