CLEVELAND—Weinberg Capital Group (WCG) recently announced its acquisition of Pinson Valley Heat Treating (PVHT), a specialty heat-treating company that serves the aerospace and defense, industrial, and automotive end markets.
Pinson Valley Heat Treating, founded in 1970, is based in Pinson, Alabama, just north of Birmingham. T.A. Parker and his wife, Elinor, started the company after T.A. had acquired 36 years of experience at Chicago Bridge and Iron Company. The company began with one furnace, primarily doing stress relief of welded products.
Today, Pinson Valley Heat Treating offers vacuum heat-treating, atmospheric quenching, and an array of other heat-treatment services.
“We are excited to partner with Don Hendry, Benny Grissom, and their talented team,” said Chip Weinberg, managing partner at Weinberg Capital Group, in a release announcing the acquisition. “Pinson Valley has a long history of success, and we are committed to building on that legacy by investing in its continued growth while preserving the company’s strong reputation for quality, customer service, and on-time delivery.”
Grissom and Hendry will be investors in the company and will continue in their current roles, according to the release.
“We are excited to join forces with WCG as we enter the next phase of growth,” said Grissom and Hendry in a joint statement. “Their expertise and resources will strengthen our ability to serve our customers and expand our business. Most importantly, this transition will be seamless for our customers and partners, as our entire team will remain in place to drive future success.”
Weinberg Capital Group said it is actively seeking add-on acquisitions for PVHT, particularly companies offering complementary thermal-processing capabilities, geographic coverage, or value-added metallurgical services.