Belding Walbridge acquires JM Foster of Iowa.
Posted: 11.21.01

FOR IMMEDIATE RELEASE

On September 18, 2001, Belding Walbridge, a Walbridge Aldinger affiliate, acquired assets critical in the operations of J. M Foster, Inc. based in Le Claire, Iowa. Belding Walbridge is a full-service rigging and millwrighting contractor with additional offices in Aurora, Illinois, Detroit and Mexico City.

Belding Walbridge established a J. M. Foster division. Dave Bass, formerly with Foster, is manager of the new division. Bass is working to build a new business base for the company including new projects for Alcoa, the world’s largest aluminum manufacturer and Ipsco Steel.

“The Foster acquisition will expand Belding Walbridge services in the Midwest,” said John Rakolta Jr., chairman and CEO, Walbridge Aldinger. “The new division brings experienced and skilled leadership and trades people that ensures our continuing commitment of excellence to our customers.” Walbridge Aldinger is a worldwide full-service construction company with offices in Detroit, Mich., Tampa, Fla., Aurora, Ill., Windsor, Ontario, Canada and Birmingham, England. The company was founded in Detroit in 1916.

As a specialty trades company, Belding Walbridge serves all industries and utilities with machinery and equipment moving and installation, rigging and erecting, millwright and machinist services, machinery maintenance and storage, moving/relocation/rigging design and consultation, transportation/heavy haul/logistical and forwarding services and process equipment installation program management. The new J.M. Foster division of Belding Walbridge is located at 117 S. Cody Road, Le Claire, Iowa. The phone number is 563-289-5202.

For additional Information, please contact Terry Merrit at (313) 442-1305

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