Canton’s Standard Plumbing acquired by Reedy Industries
CANTON – A Chicago area company that has grown over the past seven years has acquired Standard Plumbing and Heating, along with its sister company, Sheet Metal Crafters.
Based in Glenview, Illinois, Reedy Industries has acquired 21 businesses since 2014, including four others to date in 2021.
Terms of the deal between Reedy and Standard Plumbing have not been released. Both are private family businesses.
The leadership team at Standard and Sheet Metal Crafters will remain the same and the companies will continue to operate in Canton and Mansfield, according to the press release announcing the deal.
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Dave Grabowsky, whose grandfather started Standard Plumbing in 1912, will continue as president of Standard and Sheet Metal Crafters.
“We will keep our Standard brand. That’s who we are,” said Grabowsky. “They want things to stay as they are.”
Grabowsky called the deal a “natural evolution” for the company, as well as an opportunity to offer comprehensive services and enable continued growth.
“This is a strategic partnership that will allow us to serve more customers and bring together the same cultures and mindsets of two strong companies,” Grabowsky said in the release.
Standard Plumbing was founded in Canton by Herman Grabowsky and Bob Grabowsky presided over Dave Grabowsky as president. The company opened a facility in Mansfield in 1987.
Reedy has been operating in the Chicago area since 1930.
The two companies specialize in plumbing and HVAC installation, sheet metal working, maintenance and service work on building systems. Both will continue to serve customers in the industrial, food processing, municipal, education, healthcare and commercial segments.
Standard has approximately 200 employees in Canton and Mansfield. The company had sales of $ 52 million in 2020.
Reedy operates in seven states and employs 1,200 people.
The company has been open about its efforts to grow through acquisitions. Joe Kirmser, president of Reedy Industries, said the company is passing on more opportunities than it pursues.
“It takes special things to get to this point,” Kirmser said in the press release. “Now that we have established a greater presence in Ohio, we will absolutely try to bring more density to the market through strategic additional acquisitions.”
Grabowsky said he expects Standard to expand its presence in Ohio and Pennsylvania. Canton will serve as a hub location as the company enters new markets.
“Standard is committed to its talented and strong team of employees across the organization. This acquisition provides employees with the opportunity for safety and progress,” said Grabowsky.