Industrial Portfolio
Harford Duracool, Aberdeen MD
American Aero Cranes, Houston, TX
American Aero Cranes, Houston, TX
Manufacturer of walk-in coolers, and freezers acquired from Harford Systems Inc., grew revenues and improved margins significantly, then sold to Manitowoc Corp. (NYSE: MTW).
American Aero Cranes, Houston, TX
American Aero Cranes, Houston, TX
American Aero Cranes, Houston, TX
Manufacturer of pedestal mounted, offshore cranes acquired from Weatherford Corporation (NYSE: WFT), grew revenues and margins significantly, consolidated industry, then sold to ITS, predecessor to Sparrows Offshore.
Lone Star Fasteners
American Aero Cranes, Houston, TX
Mobile Pulley & Machine
Manufacturer of nuts and bolts, acquired from Team Inc. (NYSE: TISI), grew revenues and margins significantly, then sold to Hunt Capital.
Mobile Pulley & Machine
International Tool & Supply ITS
Mobile Pulley & Machine
Manufacturer of pumps & valves for the Mining and Dredging industries, acquired from LeHigh Valley Industries. Sold to Offshore Tool & Energy.
International Tool & Supply ITS
International Tool & Supply ITS
International Tool & Supply ITS
Manufacturer of engineered products, acquired from LMS Investments, then sold to Offshore Tool & Energy
Industrial Staffing
International Tool & Supply ITS
International Tool & Supply ITS
Acquired a dysfunctional rollup of staffing companies, consolidated the back offices and rationalized the various multi-state offices, selling the resulting business to its Leadership team.
Other investments
Business Services
Including manufacturing, field service fabrication, marine dry docks, trucking, recycling, et al
Concrete Manufacturing
Manufacturer of concrete for commercial and residential construction.
Timberland Farming
Acquisition and growth, acquiring in excess of 60,000 acres of timberland over 7 states
Recreational Timberland Development
Acquire, develop and resell tracts of recreational timberland
www.riceandducks.com/listings/independence-farms
Farming
Own and operate an ~2,000 acre farm, with primary crops of peanuts and cotton
Current Deal Flow
Current business segments which are being considered for investment are wind turbine repair, construction equipment rental, industrial fastener manufacturer, Lumber sawmill, architectural molding manufacturer