AEGN Aegion Corporation

IST-North America and MTC Announce Exclusive Distribution Partnership

IST-North America and MTC Announce Exclusive Distribution Partnership

Leading CIPP Material Suppliers Partner to Bring Quality Products to North America

ST. LOUIS, Feb. 18, 2022 (GLOBE NEWSWIRE) -- and , an company, today announced an exclusive partnership to expand distribution of its high quality products to the small diameter cured-in-place pipe (CIPP) market across the United States and Canada. MTC will become the exclusive supplier of IST consumable products in North America beginning March 1, 2022.

As a result of this agreement, lining companies, plumbers, pipe contractors, and municipalities will have access to the internationally recognized IST brand of consumable products with the convenience of ordering through MTC. The partnership will simplify and accelerate distribution of IST’s quality products, including CIPP liner kits, both traditional and UV cured, as well as T-wraps and a host of pipeline repair solutions.

“Since the inception of IST in 1998, consumable products were our first focus. More than 20 years later, our premium products have a reputation for quality across international markets,” said Geno Camali, CEO, IST. “Our exciting partnership with MTC will bring our consumable products to the company’s expansive customer base.”

With nearly 50 years of combined CIPP material supplier experience, the partnership marks the beginning of a business relationship between two of the most well-established companies in the trenchless industry. Both IST and MTC are equally dedicated to exceptional quality and are committed to delivering unmatched client service.

        

“MTC is excited about this announcement as it fills an important aspect to our product offering. Our customers expect both quality and service, which fits perfectly with IST’s goal to raise the industry’s standards,” said Mark Wetzel, Senior Director, MTC. “IST’s commitment to product excellence, innovation, and customer support is a natural fit with our brand. We look forward to helping our customers take advantage of these new products.”

To learn more about the partnership between IST and MTC, visit .

About IST

Innovative Sewer Technologies began in 1998 with consumable products and grew into a complete solution for trenchless equipment. For over 10 years, IST has been building robotic cutters and UV curing systems with the goal to always serve our existing customers to their complete satisfaction and to demonstrate to new customers our product quality and service. Concurrently, the company has grown to offer a wide range of trenchless equipment from various likeminded companies offering such products as CCTV systems, inversion drums, packers, and much more. For more information, visit .

About MTC

Manufactured Technologies Corporation (MTC), a subsidiary of , provides high-quality CIPP liner products to the trenchless rehabilitation industry across North America and Europe. MTC supplies contractors and municipalities through its state-of-the-art manufacturing and multiple wetout facilities. For more information, visit .

For more information, contact:

Beth Kerley

Senior Director, Corporate Communications

 



EN
18/02/2022

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Aegion Corporation

Aegion Corporation: Update to credit analysis

Our credit view of this issuer reflects its high financial leverage, offset by its leading market position.

Moody's Ratings affirms Aegion's B2 CFR and senior secured ratings; ou...

Moody's Ratings ("Moody's") affirmed Aegion Corporation's ("Aegion") B2 corporate family rating ("CFR"), B2-PD probability of default rating ("PDR") and B2 senior secured first lien term loan rating. Moody's assigned a B2 rating to the company's amended and extended $100 million senior secured first...

 PRESS RELEASE

Aegion Announces Acquisition of AP Civil Solutions, LLC

Aegion Announces Acquisition of AP Civil Solutions, LLC The North American Leader in Technology-Enabled Water Solutions Continues Expansion of Utility Services ST. LOUIS, Oct. 18, 2023 (GLOBE NEWSWIRE) -- , the leading provider of infrastructure maintenance, rehabilitation and technology-enabled water solutions, today announced the acquisition of AP Civil Solutions, LLC, a full-service water and wastewater maintenance company located in central Florida. AP Civil Solutions will now operate as part of , an Aegion portfolio company. Founded in 2016 by Anthony Bosco, AP Civil found its nic...

 PRESS RELEASE

Aegion Announces Acquisition of 11 Enviro Group

Aegion Announces Acquisition of 11 Enviro Group The North American Leader in Technology-Enabled Water Solutions Continues Expansion of Specialty Services ST. LOUIS, Oct. 02, 2023 (GLOBE NEWSWIRE) -- , the leading provider of infrastructure maintenance, rehabilitation and technology-enabled water solutions, today announced the acquisition of 11 Enviro Group, a provider of assessment, maintenance, and trenchless services for water and wastewater pipelines in the New York City metropolitan area. 11 Enviro Group will now operate as part of EN-TECH Infrastructure, an Aegion portfolio company...

 PRESS RELEASE

Aegion Announces Acquisition of C&L Water Solutions, Inc.

Aegion Announces Acquisition of C&L Water Solutions, Inc. The North American Leader in Technology-Enabled Water Solutions Continues Expansion ST. LOUIS, Sept. 14, 2023 (GLOBE NEWSWIRE) -- , the leader in infrastructure maintenance, rehabilitation and technology-enabled water solutions, today announced the acquisition of C&L Water Solutions, Inc., a full-service trenchless pipeline rehabilitation service provider in Colorado. C&L Water Solutions plans to operate under its current company name in the near term. Headquartered in Littleton, Colorado, C&L Water Solutions was founded in 1979...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch