Vortechnics and Stormwater Management Announce Management Structure

Vortechnics Inc. and Stormwater Management Inc., two leading providers of stormwater treatment systems, confirmed earlier reports that they are integrating their operations.

The announcement was made following last week's acquisition of Stormwater Management by the parent company of Vortechnics, Contech Construction Products, Inc., which acquired Vortechnics in March 2004.

Effective immediately, Vortechnics and Stormwater Management have merged and now operate under the direction of one management team, which has more than 60 years of combined experience in the stormwater industry.

David R. Miley was named the chief executive officer of the newly combined company, and David Pollock was appointed chief operating officer. Both were leaders of their respective companies—Miley was with Vortechnics and Pollock was with Stormwater Management—prior to the acquisition.

Additional members of the newly formed management team include: Eric Roach, chief financial officer; Jim Lenhart, chief technology officer; Lanz Fritz, vice president of operations; Fran Tighe, vice president of development; and Tom Gorrivan as national sales manager. Several remaining management positions will be announced in the coming weeks.

"This merger is a solid strategic fit considering the complementary nature of our two product lines and core competencies. Our customers will see an immediate impact—with more technology choices, expanded technical expertise, and more convenient sales support and service," Miley said. "But the similarities between Vortechnics and Stormwater Management extend far beyond our markets, products and customers. We share a common commitment to cleaning up the nation's waters and an unrelenting passion for developing cutting-edge, engineered solutions that make both environmental and economic sense."

Like Vortechnics, Stormwater Management has been providing solutions to engineers, contractors, developers and site owners for more than a decade. Together, the two companies have combined revenues approaching $60 million and have installed thousands of systems throughout the United States and Canada. The merger also brings together the industry's two leaders in stormwater research and product development, with two state-of-the-art stormwater testing and development labs and a combined staff of almost 160 employees serving customers from coast to coast.

"The stormwater treatment market has been rapidly evolving, and our two companies -- Stormwater Management and Vortechnics -- have been at the forefront of innovation. By joining together we will be able to provide the civil engineering community with the most advanced and comprehensive line of stormwater treatment options available," Pollock said.

The new company will be headquartered in Scarborough, Maine, but sales offices and facilities for both companies will remain as they are. Together, the companies now have an unparalleled portfolio of powerful brands, including the Vortechs System, StormFilter, VortSentry and StormScreen. A company name representing the shared vision, values and technologies of both companies is in development and will be announced in the coming weeks.

"We are absolutely committed to the communities in which we live and work. So whether it's Portland, Maine or Portland, Oregon, we will continue to be a vital contributor and strong corporate citizen in the places our employees call home," Miley said.

Source: Vortechnics