Bound Brook, N.J.’s Summit Drilling Co., one of New Jersey’s largest environmental and geotechnical drilling firms, has merged with Environmental Remediation Contractors of Delran, N.J.
Bound Brook, N.J.’s Summit Drilling Co., one of New Jersey’s largest environmental and geotechnical drilling firms, has merged with Environmental Remediation Contractors (ERC) of Delran, N.J.
The merger was announced by Summit president and CEO Robert Kreilick Jr.; financial terms were not disclosed. “The combined companies will operate as Summit Drilling Co. Inc., and will have the capacity to capture greater market share and increase our impact in South Jersey, southeastern Pennsylvania and Delaware,” says Kreilick. “This merger, combined with the recent acquisition of Plainfield Well Drilling (August 2006) will create synergies that will position us to better serve our customers.”
Summit’s clients include the U.S. Army Corps of Engineers, NJDOT, Exxon Mobil, Cumberland Farms, Naval Air Warfare, and the Department of Environmental Protection.
Founded in 1986, Summit is a family-owned business, and employs more than 55 professionals and support personnel in four states (New Jersey, Pennsylvania, Delaware, and New York). With the merger, Summit will operate approximately 20 drill crews, utilizing 17 licensed well drillers, with four Master drillers. In addition, Summit remains one of the largest water well drillers in the state.
Summit Drilling Acquires Remediation Company
July 16, 2007