NewsPress ReleaseGillespie & Powers Inc. purchases Thorpe Technologies
01 SEPTEMBER 2021Press Release

Gillespie & Powers Inc. purchases Thorpe Technologies

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Gillespie & Powers Inc. purchases Thorpe Technologies

Gillespie & Powers Inc. is extremely excited to announce the purchase of Thorpe Holding Company, including Thorpe Technologies Inc. and JT Thorpe Inc. all located in San Dimas, California.

Gillespie & Powers Inc. purchases Thorpe Technologies

Gillespie & Powers Inc. and Thorpe Technologies Inc. are two strong and successful companies, both with long-standing reputations of excellence with their customers domestically and internationally. By bringing these two entities resources together we hope to elevate the customer experience even further and deliver maximum value with the latest technological advancements.

Gillespie & Powers Inc. acquires Thorpe Technologies

Mr Jack Gillespie will be assuming the role of President of Thorpe Technologies Inc., with Mr John Allen remaining with Thorpe Technologies Inc as Sr. Vice President.

Mr John Peterman will remain as President of Gillespie & Powers Inc. with Mr Jack Gillespie as Vice President / COO.

“Gillespie & Powers, Inc. and Thorpe Technologies have long histories of sustained excellence and common values,” said John Allen. “We’ve navigated market and technological changes over the years and assisted our customers through the transformations. This merger of two great organizations delivers increased value to our stakeholders, the customers we serve, manufacturers we represent, and our employees and owners who define us.”

L to R Jack Gillespie John Peterman John Allen Gary Hodge

"The acquisition of Thorpe Technologies by Gillespie & Powers, Inc. positions two great companies very well for a strong future," said John Peterman. "Each of us brings complementary strengths in terms of our teams, product lines, service offerings, and geographical regions we serve. In addition, because we will remain a private company, we can be closer to our customers and anticipate their needs with the flexibility and agility required to support their business objectives in a fast-moving world."

This merger provides increased Engineering Capabilities, Production, Construction, and Management capabilities to our customers. The combined companies can now offer a complete Cast House, Recycling Facility, Thermal Treatments or Incineration equipment.

Outlook for the Indian Aluminium Industry

"We continue to offer Maintenance, Repair, Parts, Modifications and Upgrades for existing equipment."

Gillespie & Powers Inc. is a 5th Generation family-owned design, build, supplier of specialized furnaces supporting the metals processing industry. Founded in 1938 incorporated in 1950. An active business for more than 83 years with a lineage that dates back to the 1880s

Thorpe Technologies Inc is a supplier of a wide variety of custom thermal processing equipment, parts, and services. Their workforce has a combined 250 years of experience.

 

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