BioFuels Journal

CST Industries, Inc. Acquires Conservatek Industries, Inc.

Kansas City, KS—CST Industries, Inc. (CST), a global leader in the design, manufacture, and sale of factory coated metal storage tanks and silos, announced May 1 that it has acquired Conservatek Industries, Inc.

The Sterling Group, L.P., a Houston-based private equity firm, is the majority owner of CST.

Headquartered in Conroe, Texas, Conservatek is a leading manufacturer and installer of custom designed aluminum covers for various industries and applications worldwide.

The Company's broad product offering includes aluminum geodesic domes, extruded and formed flat covers, truss and joist supported roof structures and custom architectural cover designs for use in a wide variety of applications.

Conservatek provides covers for storage tank applications in water, wastewater and petroleum as well as large dome structures for the storage of dry bulk materials.

Conservatek's architectural products are incorporated in many different building designs all over the world.

"Conservatek is recognized internationally as a leading designer and manufacturer of aluminum covers," said Ron Stier, President and CEO of CST.

"Its design and engineering expertise, experienced management team and manufacturing capabilities are a strong fit with CST's existing businesses" Steir said.

"We look forward to working closely with Conservatek's management team to enhance both organizations' performance in our markets worldwide," he added.

CST provides glass-fued-to-steel and epoxy coating technology for its factory welded and bolted storage systems. The existing company portfolio consists of Columbian TechTank, Engineered Storage Products and CST Vulcan, Inc.

For more information, call 913-621-3700.