ATLANTA-August 22, 2012- Tensar Corporation’s Geopier Foundation Company subsidiary (“Geopier”), a leader in ground improvement solutions, today announced its acquisition of Slope Reinforcement Technology, LLC (“SRT”).
The acquisition allows Geopier to offer slope stabilization solutions while boosting SRT’s market reach. Geopier has historically focused on providing vertical ground reinforcement in support of foundations and their structures. SRT has concentrated on slopes that have failed or are potentially unstable.
“SRT is an ideal fit for us because of the complementary solutions each company offers,” said Kord J. Wissmann, PhD, president of Geopier. “We will leverage our marketing, sales and engineering strengths with SRT’s in-depth knowledge of slope repair technologies to create a powerful and complete solution for our clients and customers.”
The partnership supplements Geopier’s industry leading portfolio, which includes the efficient and cost effective Rammed Aggregate Pier® (RAP) Systems. These systems are effective replacements for massive over-excavation and replacement or deep foundations, including driven piles, drilled shafts or augered cast-in-place piles.
The acquisition also gives customers easier access to the SRT solution through Geopier’s broad network of installers.
SRT offers the patented Platepileä method for slope reinforcement and repair, which provides slope stabilization using an array of steel or aluminum elements driven into the slope in a staggered array of uniformly spaced rows.
“SRT has developed compelling technical solutions in an underserved market,” Wissmann said. “It is their drive to find innovative solutions and their customer-centric culture that makes this marriage a perfect match.”
Geopier Foundation Company provides cost-effective engineered solutions for ground improvement in virtually all soil types and ground water conditions for foundation support of commercial, industrial, residential, and transportation-related structures. These solutions save time and money.
Geopier Foundation Company is a subsidiary of Tensar Corporation; a full-service provider of specialty products and engineering services that offer innovative and economical alternatives to traditional construction methods.
Headquartered in Atlanta, Tensar Corporation provides solutions based on advanced soil reinforcement technologies and incorporate proprietary, engineered applications for commercial, industrial, municipal, residential and transportation infrastructure site development, offering innovative and cost-effective alternatives to traditional construction methods. The company specializes in solutions for common site development challenges, including grade changes requiring retaining walls and poor soil conditions affecting the cost of roadways, parking lots and building structures. Patented, polymeric Tensar® Geogrids and Geopier® foundation reinforcements are the primary components of the company’s systems, offering reliable strength and durability. Contracted services include site evaluation, conceptual engineering, design, value engineering and site assistance. For more information, visit http://www.tensarcorp.com.
Rhea Davis (713) 457-2125
Heather McKee (713) 457-2130