Phoenix Industries and M-B Companies Finalize Fabrication/Sales Agreement

    LAS VEGAS, NV, September 28, 2011 /24-7PressRelease/ -- Phoenix Industries, LLC (PI) is pleased to announce it has entered into a multi-year fabrication & sales/service agreement with the M-B Companies, Inc. (MB) Under this agreement MB will take over the manufacturing of PI's line of recently developed mobile pothole repair equipment.

"We look at this more as a strategic alliance than just a fabrication agreement," said Kelly Sockwell, Director of Operations for Phoenix Industries. "MB has a rich history, dating back to 1907 for building quality equipment, but also has a well established sales and service force. We believe MB will be a huge asset to help us meet the demand for our MP 300, as well as other equipment we're developing."

The MP 300 is a truck or trailer mounted mobile patching unit that is designed to utilize PelletPATCH , a unique rubber modified pelleted material specifically designed for pothole patching. This combination lets an agency or contractor permanently repair utility cuts and potholes with true, modified hot mix material right at the road repair location, even in the middle of winter.

Steve Muellenbach, Vice-President of the M-B Companies stated, "We're excited about the opportunity to work with PI, we are always looking at ways to expand our equipment portfolio and we think the pothole repair equipment will be a great addition. With our pavement marking division we already have on-going relationships with many of the same city, county and state agencies that oversees road repairs."

MB has four locations across the U.S. with headquarters in New Holstein, Wisconsin. Their product line includes pavement marking, snow removal and brooming equipment and a variety of multi-service vehicles.

Mr. Sockwell went on to say, "We feel this PI/MB agreement brings together the vision and resources of both companies to produce a new level of future innovations to focus on the growing demands for more environmental responsible solutions for issues facing the paving and road repair industries."

Phoenix Industries, is a leading equipment and technology provider for the paving industry.

For more Information contact: 702-893-4000
[email protected]

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