Shermco Industries Acquires Ready Engineering

EIN Shermco 400

Jan 25, 2021

Shermco Industries, Inc. has acquired Ready Engineering, a specialty engineering business, based in Alberta, Canada and Olympia, Washington. The Ready management team will remain with the company following the acquisition.

Ready is a specialty industry-leading provider of electrical, controls and industrial information systems. It operates in a diverse range of sectors across North America. Its specialty services include design and field engineering, power system designs, NERC/CIP compliance testing, control system installations and upgrades, and other engineering services.

The combination of Shermco and Ready immediately provides the firm’s collective customers with a unique and market-leading bundled services offering, while simultaneously broadening Shermco’s reach into new and developing markets.

“Shermco is very pleased to welcome Ready to the family. The acquisition delivers on our strategic objective of expanding our specialty electrical engineering capabilities to our customers across our core service offerings. As the leading independent provider of electrical testing, maintenance, and repair services in North America, Shermco is also focused on market-leading electrical and engineering capabilities. The acquisition provides us with further depth in power, transmission and distribution, and oil and gas system protection,” said Tom Bartolomei, Shermco CEO.

Lee Ready, Founder of the Ready companies, said, “The Ready group has been looking for a partner like Shermco, with complementary operations in the U.S. and Canada, a strong marketing team, and deep administrative support that our engineering teams can leverage to do what they do best – engineering. We are fortunate to have found such a perfect fit and are excited about the opportunities this presents for our engineering groups.”

“We are excited to combine Ready’s niche skills with Shermco’s national reputation. Joining Shermco provides exposure to the North American market that we simply can’t develop on our own,” said Jeff Whitt, Ready’s President. “Combining the engineering skills we’ve developed over our 25-year existence with Shermco’s expertise and reputation will allow us to make stronger offers to a broader range of clients.”

Source

Related Articles


Latest Articles

  • The Non-Residential Sector Declines in All Three Components Despite Sustained Industrial Permit Level

    The Non-Residential Sector Declines in All Three Components Despite Sustained Industrial Permit Level

    November 4, 2024 The total value of building permits in Canada decreased by $858.1 million (-7.0%) to $11.5 billion in August, following a strong July during which construction intentions rose sharply (+20.8%). The residential and non-residential sectors contributed to the decrease in August. On a constant dollar basis (2017=100), the total value of building permits decreased 7.6% in… Read More…

  • A Slight Decrease in Residential Building Construction for August

    A Slight Decrease in Residential Building Construction for August

    November 4, 2024 Investment in building construction edged up 0.2% to $21.0 billion in August, after a 1.6% decrease in July. The residential sector edged down (-0.1%) to $14.6 billion, while the non-residential sector was up 1.0% to $6.4 billion. Year over year, investment in building construction grew 7.2% in August. On a constant dollar basis (2017=100), investment in building construction was… Read More…

  • When a Familiar Door Closes

    When a Familiar Door Closes

    November 4, 2024 By Keith Sones, seasoned utility industry executive Most of the articles I’ve written have been based on personal experiences, many of them occurring decades ago, which eventually translate into helpful life lessons. The years allow the events to marinate in a savoury stew of time and reflection, clarity never coming immediately, or even… Read More…

  • Regulatory Changes to Manitoba Apprenticeship and Certification System

    Regulatory Changes to Manitoba Apprenticeship and Certification System

    November 4, 2024 Effective October 30, 2024, Manitoba’s apprenticeship and certification system will undergo regulatory changes. These changes aim to enhance responsiveness to industry needs, align with Red Seal standards, and improve the quality of apprentice training and safety. Go HERE for more information Source Read More…


Changing Scene