Thompson Construction Group, Inc. (TCG) announces it has acquired Hydro Consulting & Maintenance Services, Inc. (HCMS), headquartered in York, Pennsylvania.
Headquartered in Sumter, South Carolina, Thompson provides a range of construction and maintenance services to the power, industrial, commercial and institutional sectors. Since 1986, TCG has grown from a small industrial services business into one of the largest construction companies in South Carolina.
HCMS specializes in the repair, refurbishment, installation and maintenance of hydroelectric turbines and generators and also provides a range of consulting services, including condition assessments, specialized testing, and the development of preventive maintenance programs. HCMS serves a diverse range of clients, including utilities, municipalities and manufacturers of turbines and generators. HCMS will become a part of TCG’s existing Power Services division.
Greg Thompson, Founder and CEO of TCG, commented: “We are delighted that HCMS and its excellent team of professionals has joined the Thompson family. The joining of our companies will enable us to serve our customers more broadly and support the growing demand for clean, renewable energy throughout the United States.”
Clyde and Lorraine Krout, founders of HCMS, commented: “We are excited about joining forces with Thompson, which has very similar values and commitment to customer service as HCMS. The combined strength of our companies will allow us to serve our customers in new ways and will provide excellent growth opportunities for our employees. We will remain a part of the company and look forward to supporting its continued growth.”
The National Hydropower Association (NHA) congratulates both Thompson Construction Group and Clyde and Lorraine and HCMS. “Both companies are active members of NHA, and have been supportive of the association’s efforts in both advocating for hydro with policy makers and in providing learning and networking opportunities for people working in the industry – both asset owners/generators and service and product suppliers,” said Diane Lear, NHA’s vice president of operations and member services.