Bulk chemical carrier Quality Carriers expanding dry bulk presence in Eastern Pennsylvania via acquisition of J.P. Donmoyer by Allentown-based independent affiliate F.T. Styles
April 17, 2014
– Quality Carriers, Inc. ("Quality Carriers"), the leading North American bulk chemical carrier, has expanded its dry bulk presence in Eastern Pennsylvania.
"F.T. Silfies, our existing independent affiliate in Allentown, PA, joined us in 2010," commented Randy Strutz, President, Quality Carriers. "Over the past few years, we have worked together to diversify their business by adding liquid bulk terminals to their network in Pittsburgh, Taylor and Williamsport, PA. Recently, they had an opportunity to acquire another leading dry bulk carrier in Eastern PA -- J.P. Donmoyer."
"As an independent affiliate of Quality Carriers, we have been excited to grow and diversify our business. With QC's help, we have added chemical terminals to diversify us from our concentration in dry bulk," commented Evan Wechsler, CEO, F.T. Silfies. "Due to our strong reputation in dry bulk, we had the opportunity to significantly expand our dry bulk business by having J.P. Donmoyer, based in Ono, PA, join the Silfies team. This increased scale and market penetration will enable us to recruit more drivers, improve efficiency and continue to provide outstanding customer service."
"We have worked diligently to grow our business. This latest move is consistent with Quality's stated objective of dramatically expanding our footprint. We look forward to further opportunities to expand our market presence," continued Randy Strutz.
Quality Carriers, a wholly-owned subsidiary of Quality Distribution, Inc. (QLTY), operates the largest chemical bulk logistics network in North America. Quality Carrier's network of independent affiliates and independent owner-operators provides nationwide bulk transportation and related services. Quality Carriers is an American Chemistry Council Responsible Care(R) Partner and is a core carrier for many of the Fortune 500 companies that are engaged in chemical production and processing.
CFO, Quality Carriers
800-282-2031 ext. 7386