For Immediate Release
Waterman Industries Acquired by McWane, Inc.
(Exeter, CA) March 6, 2018 — Waterman Industries announced today its sale to McWane, Inc., a privately-held diversified manufacturing company. McWane’s products are a critical part of the backbone of our nation’s water infrastructure. For generations, McWane has been a global leader in the manufacturing of products used in vital water distribution and wastewater treatment systems including pipe, valves, fittings and other control components. McWane has been in the valve industry for more than 150 years.
“We are excited to add Waterman to the McWane family of companies,” said Ruffner Page, president of McWane. “Waterman’s high-quality products and veteran industry experts are an excellent complement to McWane’s Valve and Hydrant Group.”
Founded in 1912, Waterman Industries is one of North America’s leading manufacturers of water control products for water treatment, wastewater, agriculture, rural water delivery, hydro-power and flood control management. Waterman’s product offering complements and expands McWane’s product portfolio, and enables customers to do business with a single industry-leading supplier.
“Our philosophy is to be the best partner in the industry for customers and suppliers,” said Arne Feyling, vice president and general manager of Kennedy Valve and M&H Valve. “We strive to deliver the highest quality products and the best service in the industry, so that we can grow our business and the businesses of our partners.”
McWane will invest in Waterman’s production facility in Exeter, California, to modernize operations with new equipment and best-in-class manufacturing processes to improve productivity, product delivery times, and team member safety. The company will also focus on improving communication and strengthening relationships with its customers, channel partners, and suppliers. McWane will integrate Waterman team members into its focused training, development, and commitment to people (each a critical component of The McWane Way) to develop their skills, capabilities and careers.
About Waterman
Waterman is a recognized leader in water control products for water treatment, wastewater, agriculture, rural water delivery, hydro-power and flood control management. Waterman is a leading domestic manufacturer of both cast iron and fabricated stainless steel water control gates. The company was founded by W.A. Waterman in 1912 and initially manufactured agricultural irrigation equipment for Central Valley farms. In 1953, the company expanded into water control infrastructure products including large and complex cast iron sluice gates, fabricated slide gates and radial gates. For more information please visit www.www.mcwanepi.com
About McWane Inc.
McWane, Inc. is a family-owned business based in Birmingham, Alabama, with companies across the United States and the world. At the McWane Family of Companies, we cast ductile iron products–including pipe, valves, hydrants, fittings, and plumbing products–manufacture fire extinguishers, fire suppression systems, steel pressure vessels, build network switches and monitoring equipment. We are the leader in delivering clean, safe drinking water around the world while focusing on the safe, environmentally-friendly manufacturing of our products. The company employs more than 6,000 team members and has a longstanding commitment of support to the communities where we live and work. For more information, please visit www.mcwane.com.
