Appleton WI – October 1, 2019 – Triosim Corporation an industry leader in the pulp, paper and industrial markets is pleased to announce it has entered into a binding letter of intent (LOI) to acquire ASNA, Alignment Services of North America Inc. headquartered in Greenland NH. This is will be the 4th strategic acquisition Triosim has made in the past 24 months.
“This acquisition is an excellent fit for our business as it will add capability, capacity and scope to our already strong alignment business” said James Hickman founder and CEO of Triosim Corporation. “The addition of ASNA not only adds additional locations and highly skilled people it aligns perfectly with our current customers in the pulp, paper, paper converting container board and corrugated packaging industries.
The owners of ASNA, Tim MacDonald and Chuck Williams said “this opportunity to become part of Triosim provides a great opportunity that will allow us to continue growing and supporting our employees and customers through the broad services and products Triosim offers”
The closing date of the offering is scheduled to be on or about November 1, 2019.
Triosim Corporation provides technologies, upgrades and process optimization services, rebuilds, and spare parts for the pulp and paper industry. Triosim focuses in the areas of pulp washing, woven machine fabrics, stock preparation, onsite mechanical maintenance services, metrology, nondestructive testing, and finishing equipment. Triosim’s key locations are in Appleton, Wisc., Jacksonville, Fla., Panama City, Fla., Star City, Ark., Vancouver, Wash., Middletown, Ohio, White Pine TN.and Carrollton, Ga., in the United States, and Prince George British Columbia, Canada.
To learn more about Triosim, visit www.triosim.com.