MISTRAS Group Inc. Acquires Integrated Technologies, Inc.March 20, 2008
Acquisition adds iTi's NDT and condition assessment expertise for both nuclear and non-nuclear applications to the group's existing NDT portfolio.
PRINCETON JUNCTION, NJ -- MISTRAS Group Inc. has announced the acquisition of Integrated Technologies Inc. (iTi) headquartered in Waterford, CT with offices in Bohemia, NY and Manchester, PA. The iTi unit of the MISTRAS Inspection and Engineering Services Division will form the core of our Nuclear Products and Service Group while operating in synergy with all other members of the world-wide MISTRAS Group.
iTi is an engineering services company specializing in non-destructive testing and condition assessment of mechanical components and piping. iTi provides inspection services on heat exchangers and other components in both Nuclear and Non-Nuclear applications in addition to other metallurgical, engineering and specialty services, including In-Service-Inspection (ISI) to ASME Section XI.
The existing iTi team, composed of management, engineering, technical and administrative personnel, will be joining the MISTRAS Service Group with their significant experience in the design, construction, operating and maintenance of power generating facilities, chemical plants, pharmaceutical plants and other industrial facilities.
Fred Klorczyk, former president of iTi will assume the new position of Group Vice President, Nuclear Products and Services for the MISTRAS Group, while continuing to manage iTi, as in the past. "While we will continue to provide excellent service to our existing customers, our transition to the global technical and financial resources of the MISTRAS Group will introduce new NDT solutions for our customers and more personal growth and career opportunities to our valued employees", states Fred Klorczyk.
Dr. Sotirios J. Vahaviolos, Chairman and CEO of MISTRAS Group adds "With iTi's outstanding service to the Nuclear and Power Generation industry, supported by years of engineering experience and practical technical knowledge, we have expanded our Group's capabilities. As a technology enabled services company, our goal remains to be the global NDT solutions leader. We welcome the iTi team to the MISTRAS family".
About MISTRAS Group
MISTRAS Group Inc. provides nondestructive testing products and services under well-known industry-recognized brand names including CONAM Inspection and Engineering Services Inc., Physical Acoustics Corporation, and Vibra-Metrics as well as regional or product specific brand names. MISTRAS Group offers Asset Inspection and Mechanical Integrity solutions to the Oil & Gas, Power Generation, Aerospace, Infrastructure and Manufacturing sectors as well as strategic on-line instrumentation that facilitates Plant Asset Management. In addition, MISTRAS provides Enterprise Solution Software that aids in the safe and profitable operation of industrial facilities worldwide
For more information, please visit the MISTRAS Group's Web site or contact Katie Monte in the Marketing Department 609-716-4000.
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