Star Equity Holdings Expands Energy Services Division with Machine Shop Acquisition in Vernal, Utah
Star Equity Holdings acquired a privately held Vernal, Utah machine shop through its Alliance Drilling Tools subsidiary, closing the deal on October 23, 2026. The shop repairs and rebuilds well fishing tools and drilling equipment and operates from a 6,300-square-foot facility minutes from ADT's existing Vernal operation.
Key figures
- Closing date
- 2026-10-23
- Facility sqft
- 6300
AI analysis
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