FCX Performance acquires RL Stone
Specialty flow control distributor FCX Performance has completed the acquisition of RL Stone Inc.
Based in Syracuse, New York, RL Stone is a regional distributor of valves and instrumentation to the process market.
"We are excited to welcome the dedicated teammates, customers, and vendors of RL Stone to FCX Performance,” said Tom Cox, CEO of FCX. “Lou Betrus, Chris Bove, and their team have built RL Stone to be one of the leading flow control distributors in the Northeast. For over 90 years, R.L. Stone has provided customers with products in steam specialties, process control instrumentation, and HVAC systems."
The combination of FCX and RL Stone increases the FCX footprint to 36 offices nationally. The acquisition significantly increases FCX’s presence in the Northeast, bringing additional offices in Rochester and Buffalo.
“This is FCX's second acquisition in 30 days. We are committed to adding value to our customers and vendor partners by joining forces with the best flow control distributors around the country,” said Cox.