St. Louis-based Byrne & Jones Construction informs it has acquired Midwest Foundation, a Peoria, Ill. marine construction services company.
Midwest Foundation installs piling foundations and serves the bridge construction industry including demolition, construction and repair, also providing dock repairs, lock and dam rehabilitations and equipment leasing. Its marine division has a fleet of 16 barges and two tugboats, which it also leases along with crawler cranes with lifting capacities from 65 tons to 230 tons.
“Midwest Foundation was a good match for us,” said Brian Goggins, president of Byrne & Jones “We’ve both long focused on understanding our customer needs and being problem solvers. The acquisition gives Byrne & Jones a specialty niche in marine work that will help us grow our business.”
Rick Tockes, who has more than 30 years of experience in the marine construction industry, will manage the new marine division of Byrne & Jones. The operation will remain in the Peoria, Ill. area, where it employs seven people in its office and up to 50 people in the field depending on work volume.