Parco Acquires Olympian Machine
After acquiring Tactical Sealing Technologies (TST) on August 25, 2014, Parco has acquired Olympian Machine on November 3, 2014. The acquisition of TST expanded Parco’s product offerings to include machined plastic parts. The acquisition of Olympian Machine enhances Parco’s expertise in machined metal parts to include larger and more complex parts.
The addition of Olympian Machine strengthens Parco’s position as one of North America’s largest companies supplying rubber seals, plastic parts, and metal components to the Oil & Gas industry. The acquisition brings together one of the largest manufacturers of rubber and plastic seals with one of the leading manufacturers of machined metal parts.
Olympian Machine will continue to operate from its current facilities in Gray, Louisiana and Katy, Texas. All Olympian Machine employees will remain active in the business to ensure that Olympian’s customers continue to receive superior quality and excellent service.
About Parco, Inc.
Founded in 1941, Parco was the first manufacturer to specialize in O-rings, still one of our primary products. Today, Parco has three modern facilities manufacturing O-rings, custom-molded elastomeric seals, rubber-to-metal bonded parts, machined metal parts, and machined plastic parts. Our 154,000 square-foot facility in Ontario, California is one of the largest plants in the world making molded rubber seals. Our 30,000 square-foot facility in Dallas, Texas specializes in complex custom-molded elastomeric products and machined metal parts. Our 20,000 square-foot facility in Montgomery, Texas specializes in high performance thermoplastic parts, machined metal components, and molded rubber seals.
About Olympian Machine, LLC
Olympian Machine is a leading manufacturer of precision machined metal parts for the Oil & Gas industry. The company operates from two modern facilities in Gray, Louisiana and Katy, Texas and has 50 employees.