Contech Acquires Vortechnics
Contech Construction Products, Inc., recently announced the acquisition of Scarborough-based Vortechnics, Inc., provider of engineered solutions for the treatment of urban runoff to the stormwater industry. Through the purchase of 100% of the outstanding shares of Vortechnics, Vortechnics will become a wholly owned subsidiary of Contech.
Vortechnics employs 47 employees, 40 of which are based in Maine, and will continue to be operated by current management as a standalone profit center in Scarborough, Maine.
"By joining with Contech, we are able to fulfill several key strategic objectives and strengthen our commitment to cleaning up the nation’s waters – all without losing our ability to keep our headquarters, operations, and way of life in Maine. This company was built on Maine values, and Vortechnics would not be what it is today without the spirit, drive and determination of our employees, most of whom call Maine home," said David Miley, CEO of Vortechnics.