After recently completing the time consuming but important process of becoming a fully reporting OTCQB company, National Automation Services is embarking on its nationwide acquisition strategy, with the stated goal of becoming the nation’s premier provider of automation and control systems integration services. The company is already moving forward with expansion into California from their original operations in Nevada and Arizona, and have now opened an office in Temecula, half way between Los Angeles and San Diego. They are actively expanding their customer base in California, including manufacturers and public utilities, but are seeking acquisition opportunities in all areas of the country.
Today, the $500 billion automation and control systems industry is highly fragmented, with only a few major players in the country, and hundreds of local and regional operations. The NAS plan is to acquire the best of these smaller companies, taking over those functions that can be efficiently centralized, while leaving in place those localized functions that are so critical to customer quality. The economic benefits of scale can then benefit both the customer and the organization’s position in the marketplace.
In addition to expanding geographically, NAS wants to expand industrially, further encompassing the many different types of applications available for automation and control systems. The company already has a diverse client list, including many municipalities, where they’ve built a strong reputation in water and wastewater processing, but also including companies like Southwest Airlines, where they maintain extensive baggage control systems, Honeywell, where they support remote station security for the Alaska pipeline, and companies like Coca Cola, Pepsi Cola, Chevron, and many others. The company’s core portfolio includes
• Control Systems Integration
• Instrumentation and Control Engineering Services
• PLC and SCADA Programming Services
• Control Panel Design and Fabrications
• Contract Manufacturing
• Radio Telemetry Studies
• Automation Design Consultation
• Communication Network Design.
NAS has obtained an equity financing commitment of $5 million from Ascendiant Capital Group, LLC, a private equity firm, and is also pursuing several other financing strategies. They are also continuing an aggressive program of presentations and exhibits, with the following scheduled for 2011:
• ISA Central Arizona Section Exhibit
• Automation Treasure, NV
• Rural Water Association of AZ Leadership Conference
• Instrument & Controls Expo, CA
• Weftec, CA
• Tri-State Seminar, NV
For more information on NAS, see the company’s website at www.NASAutomation.com
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