Alaska Rubber Group.
Author | Gallion, Mari |
Position | INSIDE ALASKA BUSINESS |
The Alaska Rubber Group has acquired five additional locations, effectively doubling the size of its employee owned organization. The Alaska Rubber Group, with three locations in Alaska--Anchorage, Fairbanks, and Wasilla--has purchased five additional locations in Washington state. The five additional locations were formerly referred to as the Pacific Rubber Group, and they consist of stores throughout Washington state serving the entire Pacific Northwest region. Pacific Rubber, Inc. located in Seattle, TIMCO Inc. at the Port of Tacoma, North Sound Hose and Fittings in Everett, Central Hose and Fittings in Pasco, and Inland Pacific Hose and Fittings in Spokane comprise the Washington locations.
The Alaska Rubber Group is the largest distributor of hydraulic and industrial hose, fittings, and rigging supplies in Alaska. This acquisition expands the market presence and distribution capabilities of its employee owned organization across the entire Pacific Northwest.
President and CEO Janeece Higgins said about the acquisition: "We're always exploring opportunities for growth, and it is exciting to see where this new addition to our group will take us. Some of the former owners of the Washington stores, Don and Drennon Adams, were the original founders of our Alaska locations. We all started with a very similar model. It's kind of in our DNA. I have known some of the...
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