A Cabool company has completed the acquisition of two area businesses, officials announced Monday.
L&R Industries has bought Beehler Corporation of Mountain Grove and will be known as L&R Industries: Beehler Division. Additionally, Stilley Electric of Willow Springs will become L&R Industries: Electric Division.
Beehler Corporation is a manufacturer and supplier of metal stampings, assemblies, engineered hinges, hardware and fabricated metal parts. “We’re extremely proud to be joining forces with this great company,” said Chris Oravec, chief operations officer for L&R Industries. “We expect to retain their great people, and with their help we’ll continue to grow, and that means more opportunity for them and everyone on the team. With Beehler now under local ownership, it’ll be a positive for the community.”
Stilley Electric has been a commercial and industrial electrical contractor in the region since the early 2000s, with extensive skills and capabilities that are critical to area businesses. “L&R has worked on projects with Stilley for years, and they’ve been an important vendor for us, too,” Oravec said. “It makes great sense to make them part of our team. They’re good people, and we’re glad to have them on board.”
“L&R’s owners have always called this area home, and they know how important it is to do our best to keep and create good jobs for good people in our area. They intend to grow these companies and that will bring local opportunity for folks around here,” said Terry Jones, chief financial officer at L&R Industries.
L&R Industries serves customers locally, regionally and nationwide, and is now expanding into international markets.
With the latest acquisitions, L&R operates eight integrally related divisions to provide a wide array of services to industry. The divisions are:
•Collapsible Steel Reels
• Mechanical Steel Tubing
•Material Processing Systems
• Industrial Millwright Services
• Metal Fabrication
• Crane Services
•Electrical and Beehler Division.
They also own and operate a separate company, L&R Transportation.