Jensen Precast completes acquisition of ProGlass Incorporated to broaden electric utility product portfolio
Acquiring Company
Jensen Precast
Acquired Company
ProGlass Incorporated
RenoSheltonManufacturingConstructionBuilding MaintenanceBuilding MaterialUtilitiesDescription
Jensen Precast, an independent family-owned manufacturer of infrastructure solutions, has announced the acquisition of ProGlass Incorporated, a manufacturer of utility fiberglass products. This acquisition expands Jensen Precast’s suite of products engineered specifically for the electric utility market, providing even more favorable choices for their equipment needs.
Quick answer
Jensen Precast is acquiring ProGlass Incorporated, announced March 21, 2024. Jensen Precast is based in Reno, Nevada, United States.
- How much did Jensen Precast pay for ProGlass Incorporated?
- The deal value was not disclosed.
- What does Jensen Precast do?
- Jensen Precast designs, engineers, and manufactures precast concrete products for the growing infrastructure needs of communities, businesses, and government agencies.
- Where are Jensen Precast and ProGlass Incorporated based?
- Jensen Precast is based in Reno, Nevada, United States. ProGlass Incorporated is based in Shelton, Washington, United States.
Source: Fundz verified event record.
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Frequently asked
Who acquired ProGlass Incorporated?
ProGlass Incorporated was acquired by Jensen Precast, based in Reno. The deal was reported on March 25, 2024. Jensen Precast designs, engineers, and manufactures precast concrete products for the growing infrastructure needs of communities, businesses, and government agencies. Jensen Precast is privately held and operates in Manufacturing.
When did Jensen Precast acquire ProGlass Incorporated?
Jensen Precast's acquisition of ProGlass Incorporated was reported on March 25, 2024. Jensen Precast, an independent family-owned manufacturer of infrastructure solutions, has announced the acquisition of ProGlass Incorporated, a manufacturer of utility fiberglass products. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does ProGlass Incorporated do?
ProGlass was founded in 1990 by President Jim Holland in Gig Harbor, Washington. Jim worked as an electrical contractor and observed a high demand for quality fiberglass utility products, so ProGlass designed fiberglass products to meet that demand. It is privately held, operating in Utilities, and is based in Shelton.
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