June

01

2016

CREST INDUSTRIES ACQUIRES ASSETS OF OPTIMAL FIELD SERVICES, LLC

Pineville, LA – (June 1, 2016) - Crest Industries, LLC, the holding company for a family of world-class project-oriented companies serving the energy, petrochemical, electric utility, commercial and industrial electrical contractor, and forestry industries, today announced the acquisition of Optimal Field Services, an industrial field services company based in Geismar, Louisiana. 

Optimal Field Services provides turnkey industrial services to the petroleum, petrochemical, specialty chemical, gas processing and paper processing industries. Optimal Field Services has a tremendous reputation for safely providing excellent customer service by delivering projects on time and on budget.

The company will operate in their current Geismar facility as a subsidiary of Crest Industries and will retain all employees and key leadership including Andre Folse, Shane Doss and Cory Fredieu. Each of these leaders has more than 20 years of experience in the petrochemical industry. 

Kenneth Robison, CEO of Crest Industries, stated, “This acquisition supports our strategy related to the expansion of Crest Industries’ portfolio of services.  We continue to believe in and invest in the State of Louisiana. For more than fifty years, Crest Industries has built a reputation of quality service for our customers and career growth opportunities for our employees. Optimal Field Services is a strong strategic and cultural fit for the Crest Industries family of businesses and will contribute positively to our continued growth. Optimal Field Services is aligned with Crest Industries’ purpose, which is to improve the lives of our people, our customers and our communities by delivering the impossible. I’m very excited about this opportunity, and I believe it is a win-win for all of our stakeholders.”  

Andre Folse, President of Optimal Field Services, stated, “As I think about what’s ahead, I’m incredibly optimistic about what the Crest Industries acquisition will do for Optimal Field Services and its employees. The strength of the Crest Industries foundation and its leadership team will be the catalyst for Optimal Field Services to emerge and become the go-to turnaround company in the refining, petrochemical and chemical markets.  We are extremely excited about being a part of the Crest Industries family, and we will support the continued tradition of valuing all employees working for one great organization.

About Crest Industries, LLC

Founded in 1958, Crest Industries is the parent company of a group of privately held, vertically integrated companies based in Louisiana, with an office in San Diego, California, as well as a production facility in Vancouver, Washington. Primarily supplying goods and services to the energy, petrochemical and electric utility industries throughout the United States and abroad, Crest Industries also owns and manages extensive forest lands in Louisiana and Texas, and operates wholesale electrical supply facilities throughout Louisiana. For more information, visit www.crestoperations.com