The acquisition of Trump Equipment will add 48 full-time employees to Hawk Manufacturing, and also add more than $15 million in annual revenues and EBITA of more than $2 million to Hawk Manufacturing.
GLER further reports that HAWK added Mr. Michael J. Vincent to its Senior Management team. Mr. Vincent, the current President of Trump Equipment Company, will continue to run the daily operations of TEC and will help advise HAWK on future strategic acquisitions to this growing oilfield services business. Mr. Vincent has an MBA from Rice University in Houston and a Masters of Arts in Statistics from the University of Michigan.
HAWK reported to GLER that it is negotiating incentives at the state and local level that could total more than $17 million in tax incentives and other benefits