Asia Biz News - Asian Business News and Tenders
Rinchem Completes Acquisition of JS Transportation
December 6, 2017
Rinchem Company, Inc., a logistics service provider in the North Valley, New Mexico, announced that it has completed the acquisition of JS Transportation, a Taiwan-based transportation company.
JS Transportation will expand Rinchem's fleet of trucks in the region by increasing Rinchem's strength as a transportation partner specifically for hazardous chemicals and spec gases.
"Rinchem is excited to make this acquisition. JS Transportation is a natural fit for Rinchem and our core service offerings. JS boasts the largest market share for spec gas transportation in the semiconductor industry in Taiwan so this acquisition greatly increases our transportation abilities throughout the country, making us a stronger partner for the many specialty chemical and gas companies located here," said Ken Breinholt, Rinchem's Global Director of Business Development.
JS Transportation has been in business since 1981 and has been family owned for the duration of its lifetime. JS Transportation has locations across the western coast of Taiwan including: Taoyuan, Hsinchu, Taichung, Yunlin, Tainan, and Kaoshiung.
JS Transportation has 110 trucks in its fleet and 180 employees. This acquisition will significantly increase the employee and truck count in Taiwan growing Rinchem's presence in the region. These assets position Rinchem as the premier and best-equipped logistics company in the country.
Copyright: North America Procurement Council, Inc. PBC