Steel in the News
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Posted by MSC on October 13, 2008 at 4:14 PM.
FabTrol Systems, a provider of steel fabrication management software recently announced that it has been purchased by the Dowco Group, a Canadian-based provider of 3D modeling and steel detailing services. According to FabTrol, the merger will allow both of these AISC Associate Member companies to expand their international presence, especially in the growing economies of India, China, and the Middle East. Terms of the sale were not disclosed.
Douglas and Gerry Diane Cochrane, founders of Eugene, Ore.-based FabTrol, say the decision to sell was difficult, but necessary “in order for the company to live beyond a single generation.”
“When we began seeking a buyer we knew they had to share our corporate values,” said Gerry Diane Cochrane, CEO of FabTrol. “Our success has been built upon providing superior service to our clients before and after the sale. Our software is considered ‘mission-critical’ to the success of our clients’ operations, and providing a high level of training and technical support has to be part of our deliverables. We feel that Dowco has been built upon the same principles and will continue to care for our clients and staff as we have.”
Dowco president Ewen Dobbie agreed with Cochrane, saying, “Both FabTrol and Dowco are proven brand names in the steel fabrication industry and have earned their excellent reputations through hard work and good service. Adding FabTrol Systems to the Dowco Group provides good synergy and enhances our long-range goal of being a global provider of comprehensive services from engineering to detailing to fabrication management.”
Dobbie also said that FabTrol’s headquarters would remain in Eugene, where Cochrane founded the company with her husband, Douglas Cochrane, more than two decades ago.