IES Holdings, Inc. announced on January 31, 2025, the acquisition of Arrow Engine Company from TriMas Corporation. Arrow, based in Tulsa, Oklahoma, is a provider of natural gas-powered engines, generator sets, compressors, and replacement parts primarily for the natural gas production market.
The acquisition includes Arrow’s 130,000 square foot manufacturing facility in Tulsa. Arrow Engine, with estimated calendar year 2024 revenue of $20 million, will become part of IES’s Infrastructure Solutions segment and continue to operate under its existing brand name.
This strategic addition expands IES’s product offerings and extends its power services into the oil and gas markets. IES plans to make substantial investments to expand Arrow’s product line and drive long-term growth in both existing and new markets, leveraging Arrow's brand reputation and expertise.
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