Brennan Industries acquires new property in Houston
Revealed following the beginning of the new year, Brennan Industries announced that it has acquired a new property in Houston, Texas, which contains a fabrication facility totaling 114,200 square feet. With Ford Steel, a steel fabricator, being located at the single-tenant building, the Brennan plans to develop and operate the facility alongside Ford. With customers which include ExxonMobil, LyondellBasell and Kinder Moran, Ford Steel provides potential real estate merits for Brennan moving forward as the company seeks investment growth from its new asset.
Structural|M&AIn response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.
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