BLOOMFIELD HILLS, Mich., Feb. 7, 2025 /PRNewswire/ -- Woodward Park Partners is pleased to announce that IES Infrastructure Solutions LLC, a division of IES Holdings, Inc. (NASDAQ:IESC) has acquired Arrow Engine Company, a subsidiary of TriMas Corporation (NASDAQ:TRS). Arrow Engine, based in Tulsa, Oklahoma, is a global provider of natural gas-powered engines, compressors and replacement parts for use in oil and natural gas production and other industrial markets. Arrow Engine Company (www.arrowengine.com) Arrow Engine is a provider of natural gas-powered engines, typically us

HOUSTON, Feb. 04, 2025 (GLOBE NEWSWIRE) -- IES Holdings, Inc. (or "IES" or the "Company") (NASDAQ:IESC) today announced financial results for the quarter ended December 31, 2024. First Quarter 2025 Highlights and Recent Developments Revenue of $750 million for the first quarter of fiscal 2025, an increase of 18% compared with $634 million for the same quarter of fiscal 2024Operating income of $74.6 million for the first quarter of fiscal 2025, an increase of 29% compared with $58.0 million for the same quarter of fiscal 2024Net income attributable to IES of $56.3 million for the first quarter of fiscal 2025, an increase of 37% compared with $41.0 million for the same quar

HOUSTON, Jan. 31, 2025 (GLOBE NEWSWIRE) -- IES Holdings, Inc. ("IES") (NASDAQ:IESC) announced that it has acquired Arrow Engine Company ("Arrow"), a Tulsa, Oklahoma-based provider of engines, generator sets, compressors, and replacement parts primarily for the natural gas production market, from TriMas Corporation. The acquisition includes Arrow's owned manufacturing facility in Tulsa, which consists of 130,000 square feet of manufacturing space. Arrow, with estimated calendar year 2024 revenue of $20 million, will become part of IES's Infrastructure Solutions segment and continue to operate under the Arrow name. Jeff Gendell, Chairman and Chief Executive Officer, said, "The acquisit

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HOUSTON, Sept. 26, 2024 (GLOBE NEWSWIRE) -- IES Holdings, Inc. (or "IES" or the "Company") (NASDAQ:IESC) today announced the appointment of John Louis Fouts to its Board of Directors ("Board"), effective September 23, 2024. "We're excited to welcome Lou to the Board," said Jeff Gendell, IES's Chairman and CEO. "Lou brings an extensive background in investment management and finance, and I'm confident that his knowledge, experience and perspective will make him a valuable addition to our Board." Mr. Fouts has served as the managing member at Fouts Family Investments, a private investment holding company, since 2021. He also currently serves as a Trustee of the Georgia Tech Foundation and

HOUSTON, April 01, 2024 (GLOBE NEWSWIRE) -- IES Holdings, Inc. ("IES") (NASDAQ:IESC) announced today that it has acquired Greiner Industries, Inc. ("Greiner"), a Mount Joy, PA-based structural steel fabrication and services company. The acquisition also includes the purchase of Greiner's facilities, which cover 450,000-square feet of manufacturing space on a 60-acre campus. Greiner, with 2023 revenue of approximately $58 million, will become part of IES's Infrastructure Solutions segment and continue to operate under the Greiner name. Jeff Gendell, Chairman and Chief Executive Officer, said, "The acquisition of Greiner strategically expands our geographic footprint into the attr

HOUSTON, Jan. 03, 2022 (GLOBE NEWSWIRE) -- IES Holdings, Inc. (or "IES" or the "Company") (NASDAQ:IESC) today announced the appointment of Jennifer A. Baldock to its Board of Directors, effective December 31, 2021. "We're excited to welcome Jenny to our Board," said Jeff Gendell, IES's Chairman and CEO. "I'm confident that her board leadership experience, corporate governance knowledge and legal background will enhance the skills and expertise of our Board." Ms. Baldock has been a member of the Board of Managers of CCF Holdings, LLC and its predecessors since 2013, where she is the chair of the Nominating and Governance Committee and a member of the Compliance Committee and the Compensat

HOUSTON, Feb. 04, 2025 (GLOBE NEWSWIRE) -- IES Holdings, Inc. (or "IES" or the "Company") (NASDAQ:IESC) today announced financial results for the quarter ended December 31, 2024. First Quarter 2025 Highlights and Recent Developments Revenue of $750 million for the first quarter of fiscal 2025, an increase of 18% compared with $634 million for the same quarter of fiscal 2024Operating income of $74.6 million for the first quarter of fiscal 2025, an increase of 29% compared with $58.0 million for the same quarter of fiscal 2024Net income attributable to IES of $56.3 million for the first quarter of fiscal 2025, an increase of 37% compared with $41.0 million for the same quar

HOUSTON, Jan. 31, 2025 (GLOBE NEWSWIRE) -- IES Holdings, Inc. ("IES") (NASDAQ:IESC) announced that it has acquired Arrow Engine Company ("Arrow"), a Tulsa, Oklahoma-based provider of engines, generator sets, compressors, and replacement parts primarily for the natural gas production market, from TriMas Corporation. The acquisition includes Arrow's owned manufacturing facility in Tulsa, which consists of 130,000 square feet of manufacturing space. Arrow, with estimated calendar year 2024 revenue of $20 million, will become part of IES's Infrastructure Solutions segment and continue to operate under the Arrow name. Jeff Gendell, Chairman and Chief Executive Officer, said, "The acquisit

TriMas (NASDAQ:TRS) today announced the successful completion of the previously announced sale of its Arrow Engine business, thereby exiting its direct presence in the oil and gas market sector. The sale was finalized with IES Infrastructure Solutions LLC, a division of IES Holdings, Inc. (NASDAQ:IESC), and a provider of electrical and mechanical apparatus services, custom steel fabrication and custom-engineered solutions, including generator enclosures and bus systems to customers both in the United States and abroad. The transaction closed on January 31, 2025. "Founded in 1955, Arrow Engine was a legacy TriMas business and part of the TriMas portfolio for several decades," said Thomas A

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