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Lewis-Goetz and Company, Inc., Pittsburgh, PA, has acquired Valley Rubber & Gasket Company, Inc. and all related subsidiaries. Valley, a Sacramento-based fabricating distributor of conveyor belting, hose and sealing products has operations throughout central and northern California as well as locations in Seattle, WA; Elko, NV; and Salt Lake City, UT.
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Valley provides products to the construction, agriculture, mining and food processing markets in addition to numerous other diverse end markets of the Western U.S.
In commenting on the acquisition, Jeff Crane, President and CEO of Lewis-Goetz said: “The Valley locations provide an important piece of the geographic puzzle that we have been working hard to find. While it’s nice to be able to say we finally have a significant West Coast presence, it is much more rewarding to know that we are getting more than just dots on a map; we are getting the very best West Coast platform from which we can continue our organic and acquisition growth strategy."
"…We are equally excited to be able to tell our many national accounts of our ability to support their West Coast operations from local inventory and with local expertise.”