RHI Magnesita, the leading global supplier of high-grade refractory products, systems and solutions, acquired Missouri Refractories Co, Inc., an important step in the strategy to increase market participation in North America
“With its more than 45 years of experience in fulfilling the needs of demanding, highly loyal and satisfied customers, MORCO perfectly fits into RHI Magnesita’s strategy to strengthen our position in the North American refractory market. The dedicated team in Pevely, MO, USA, truly is an asset that will contribute to RHI Magnesita’s success in the whole region,” said Stefan Borgas, CEO RHI Magnesita.
The site is strategically located in the Midsouth of the United States, a region that is rapidly growing in importance for RHI Magnesita. It produces over 400 high-quality monolithic mixes, which serve a multitude of industries, including steel, cement, lime and glass. The employees also have the expertise to provide refractory material for the petrochemical industry.
“As a global leader, we look forward to continuing MORCO’s success story and servicing all of the existing customers. In addition, we will open up new opportunities, grow the business and develop new markets for all of these high-quality products and applications,” added Borgas.