Posted June 11, 2021

PSS Industrial enters PVF market

PSS Industrial Group, a service provider and distributor supplying customers in the energy and industrial industries, announced its entry into the pipe, valve and fittings market.

The move is intended to expand the Houston-based company's product lines currently offered through its distribution network.

PSS Industrial Group"We are extremely excited to add additional service capabilities and product lines to our existing distribution network and integrate these product lines into our current infrastructure," said Colby Forrester, president of the new PVF division. Adding PVF products to its network allows PSS Industrial Group to continue supporting its existing midstream customer base, while also enabling the company to further diversify into other markets such as downstream and industrial, gas utility and distribution, and drilling and exploration customers.

PSS Industrial Group's entrance in the PVF market arises through a combination of internal resources and procurement of the assets of an existing PVF business. This combination provides the company with established lines of distribution from leading PVF manufacturers, competitive inventory at existing locations, complete product lines including PVF and related MRO materials, established customer relationships and a highly qualified staff with over 250 years combined PVF product experience.

Robert Workman, CEO of PSS Industrial Group added, "I am very happy to welcome Colby with his extensive background in the PVF industry and the other new members of the PVF division into the PSSI family. With my background of over 30 years in the PVF market, I am excited to be adding the acquisition of 8 locations from a long-standing PVF distributor into the PSS Industrial Group product offering and I look forward to leveraging the PVF business by expanding even further within our existing infrastructure in all of the major shale plays. This will create enhanced synergies across the entire PSS Industrial Group to better meet the ever-evolving needs of our upstream, midstream and downstream customers."

PSS Industrial Group has approximately 30 locations throughout the United States. It is a portfolio company of West Street Energy Partners, a private equity fund focused on natural resources/energy managed by Goldman Sachs Merchant Banking Division. The company was formed with the merger of Pipeline Supply & Service and Industrial Air Tool.