IES Holdings, Inc. announced on January 31, 2025, the acquisition of Arrow Engine Company from TriMas Corporation. Arrow, based in Tulsa, Oklahoma, is a provider of engines, generator sets, compressors, and replacement parts primarily for the natural gas production market.
The acquisition includes Arrow’s 130,000 square foot manufacturing facility in Tulsa. Arrow, with estimated calendar year 2024 revenue of $20 million, will be integrated into IES’s Infrastructure Solutions segment.
IES plans to make substantial investments to expand Arrow’s product line and drive long-term growth in both existing and new markets. This move strategically adds to IES's power services and expands its reach into the oil and gas sectors.
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