Hydrite Acquires Fife Water Services Inc. and Precision Polymer Corporation
Hydrite®, a leading manufacturer and supplier of chemicals and related services, recently announced its acquisition of Fife Water Services Inc. and Precision Polymer Corporation. This strategic move will expand Hydrite’s market reach in the water treatment segment, particularly within the food industry.
Fife Water Services Inc. is known for its technology-oriented approach to water treatment and process products. The company’s commitment to safety, quality, and efficiency aligns perfectly with Hydrite’s core values. This acquisition will not only enhance Hydrite’s product offering but also bring unique automation and technology to address key challenges faced by food manufacturers in terms of wastewater generation, energy use, and regulatory compliance.
The acquisition of Fife Water Services Inc. is a significant milestone for Hydrite, given their long-standing relationship dating back to 1990. Jim Duffy, the founder and Chairman of the Board at Fife, will continue to support the business unit, while Andrew Kim, the CEO, will manage day-to-day operations.
Precision Polymer Corporation, another key player in the wastewater treatment chemicals industry, has also been acquired by Hydrite. This move further strengthens Hydrite’s position as a leading provider of chemicals and services in the United States.
Hydrite’s President, Kevin Honkamp, emphasized the company’s commitment to providing best-in-class service to existing and new clients. The seamless integration of Fife and Precision Polymer Corporation into Hydrite’s operations will ensure a smooth transition for all stakeholders involved.
With over 1,000 employees and multiple manufacturing facilities across the United States, Hydrite remains dedicated to upholding its core values of Integrity, Innovation, Safety & Quality, People, and Responsible Growth. The company’s commitment to excellence and customer satisfaction has been a driving force behind its success since its establishment in 1929.
For more information about Hydrite, Fife Water Services Inc., and Precision Polymer Corporation, visit http://www.hydrite.com. Media inquiries can be directed to Maggie Honkamp at 262-792-2363.
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SOURCE Hydrite
In conclusion, Hydrite’s acquisition of Fife Water Services Inc. and Precision Polymer Corporation represents a significant advancement in the water treatment and chemicals industry. The integration of these companies into Hydrite’s operations will lead to enhanced product offerings and solutions for clients across various sectors, particularly in the food industry.
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