We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.

logo
  • Engineers & Specifiers
  • Contractors & Installers
  • Wholesalers & Distributors
  • Sign In
  • Create Account
  • Sign Out
  • My Account
Free Subscription
  • Sign In
  • Create Account
  • Sign Out
  • My Account
  • PRODUCTS
    • Bath & Kitchen
    • Fire Protection
    • HVAC
    • Hydronics/Radiant
    • Plumbing
    • PVF
    • Tools
  • PROJECTS
    • Commercial
    • Green Building
    • MRO/Retrofit
    • Remodeling
    • Residential
  • HOW TO
    • Design
    • Fire Protection
    • Legal Matters
    • Management
  • BUSINESS
    • Buying Groups
    • Technology
    • Associations
  • CODES & STANDARDS
    • ANSI
    • ASHRAE
    • ASSE
    • Regulations
    • Green Building
    • IAPMO
    • ICC
    • NFPA
  • RESOURCES
    • Media Kit
    • Advertise
    • Contact Us
    • Classifieds
    • Digital Editions
    • Behind the Wall
    • Webcasts
  • BUYER'S GUIDE
  • COVID-19
    • Events & Webinars
    • Business Resources
    • Industry Announcements
    • Health & Safety
    • Op-Ed
Home » Talen Energy Considers Selling Mechanical Services Unit

Talen Energy Considers Selling Mechanical Services Unit

June 14, 2017
No Comments
Talen Energy Services includes some the most recognized names in the mechancial contractoring industry.

Talen Energy, one of the largest energy and power generation companies in North America, announced last month that it is exploring a sale of its Talen Energy Services business line, which includes some of the mechanical contracting industry’s most recognized firms.

Talen Energy Services is comprised of eleven companies located in Pennsylvania, Massachusetts, New York, and Connecticut:

  • McCarl's Inc.
  • McClure Company
  • H.T. Lyons, Inc.
  • B-G Mechanical Contractors, Inc.
  • B-G Mechanical Services, Inc.
  • Burns Mechanical, Inc.
  • Elmsford Sheet Metal Works, Inc.
  • Fred Williams, Inc.
  • General Control Systems, Inc.
  • Millennium Builders
  • Trystate Mechanical, Inc.

The companies, which are operated by experienced energy services management teams and founders, operate under established local brands and provide comprehensive mechanical contracting services to a diverse array of clients primarily within the industrial (heavy and light), institutional and commercial sectors. Core service offerings include process piping, HVAC construction and service and maintenance, energy service/savings, plant maintenance, sheet metal and other capabilities.

In a report posted March 27, reporter Anthony Salamone, with The Morning Call, a daily newspaper in Allentown, Pennsylvania, said Talen is following a strategy to divest non-core assets and focus on its core power generation business. Riverstone Holdings, which bought Talen last December, also filed a plan with the U.S. Securities and Exchange Commission that laid out its “operational strategy” for Talen to increase cash flow and reduce “non-critical activities.” Those changes could cut operating expenditures by $100 million a year and capital expenditures by an additional $50 million, according to Riverstone.

 

 

 

 

Contractors & Installers Industry Community News Mechanical
  • Related Articles

    HD Supply considers selling Waterworks?

    Energy Company Buys Several Mechanical Contractors ... From Energy Company

    Manhattan Mechanical Services Announces Opening of New East Chicago Facility

  • Related Products

    Directory Listing - Premium

  • Related Events

    Ninth Annual Celebrating Women in the Mechanical Trade Industry Luncheon

You must login or register in order to post a comment.

Report Abusive Comment

Most Popular

  • Oatey Fix-it Repair Ring

  • Texas Pipe Family of Companies Opens Stocking Location in Odessa, Texas

  • James “Lukey” LaPorte Passes Away at His Home in Elmwood Park

  • Texas Pipe Family of Companies Joins AD

Featured Video

Sureseal video

SureSeal Floor Drain Trap Seal

Industry Events

  • 28Apr

    2021 BLUE HAWK Annual Conference

    Austin, TX
  • 12Oct

    BOILER 2021 – ABMA Boiler Technology Conference & Expo

    Dallas, TX
More Events

Subscribe to our newsletters & stay updated

Subscribe & Learn More

  • Tw01 2021
    Learn More
  • Pe01 2021
    Learn More
  • Phc01 2021
    Learn More
  • Es07 2020
    Learn More
Subscribe

More from PHCP Pros

  • Editorial Team
  • Home
  • Contact Us
  • About
  • Advertise

Follow Us

© 2021 All Rights Reserved

Design, CMS, Hosting & Web Development | ePublishing