Plumbing product manufacturer and distributorArrow Industriesannounced the acquisition ofDuratrac Inc., a leading manufacturer of gas connectors for
the residential and commercial markets.
Arrow acquired Duratrac in an all-cash purchase of
Duratrac’s assets from its parent company Dura Global. Duratrac headquarters
are in Henderson, Nev., with additional warehouses in Southern California and
Atlanta.
The Duratrac Division of Arrow will be
headed byGil Fanchin, formerly of Roberts Mfg. Fanchin has
30 years of experience in the manufacturing and sales of gas connectors and
related products, and will work directly underJohn Ridgely,
president of Arrow Industries.
According to the announcement, Arrow
Industries invented the corrugated flexible gas connector in 1931 and has been
a leading innovator in the industry since then. Duratrac markets its product nationally through commission reps calling
on HVAC and Plumbing Wholesalers.
Source: Arrow
Industries
Arrow Industries Acquires Duratrac
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