Gillespie & Powers Inc. completed the acquisition of Thorpe Holding Company, including Thorpe Technologies Inc. and JT Thorpe Inc., both located in San Dimas, California. Both companies will continue to operate independently.
Jack Gillespie will be assuming the role of president of Thorpe Technologies Inc. and will also act as vice president and COO of Gillespie & Powers. John Allen will remain with Thorpe Technologies as senior vice president.
“The acquisition of Thorpe Technologies by Gillespie & Powers, Inc. positions two great companies very well for a strong future,” said John Peterman, president of Gillespie & Powers. “Each of us brings complementary strengths in terms of our teams, product lines, service offerings, and geographical regions we serve. In addition, because we will remain a private company, we can be closer to our customers and anticipate their needs with the flexibility and agility required to support their business objectives in a fast-moving world.”
Gillespie & Powers has more than 80 years of experience in the design, supply, and installation of furnace equipment for the nonferrous melting industries. Founded in 1938, the fifth-generation owned company specializes in the furnishing of delacquering, melting, and holding equipment and works closely with clients to offer custom solutions.
Thorpe Technologies is a supplier of a wide variety of custom thermal processing equipment, parts, and services. The company has developed many systems to optimize process operations in recycling, forging, and other areas of the aluminum industry. Their work force has a combined 250 years of experience, dealing with large multi-million dollar projects that provides a great wealth of history and knowledge.
Both Gillespie & Powers and Thorpe Technologies are strong and successful companies, with long standing reputations of excellence with both domestic and international customers. By bringing their resources together, the two companies hope to elevate the customer experience even further and deliver maximum value with the latest technological advancements.
This merger provides each company with increased engineering capabilities, production, construction, and management capabilities to their customers. The combined companies can now offer a complete casthouse, recycling, thermal treatment, or incineration equipment. The companies will continue to offer maintenance, repair, parts, modifications, and upgrades for existing equipment.
“Gillespie & Powers, Inc. and Thorpe Technologies have long histories of sustained excellence and common values,” said Allen. “We’ve navigated market and technological changes over the years and assisted our customers through the transformations. This merger of two great organizations delivers increased value to our stakeholders, the customers we serve, manufacturers we represent, and our employees and owners who define us.”