GREX acquires bridge monitoring company

Written by Mischa Wanek-Libman, editor
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GREX

Georgetown Rail Equipment Company (GREX) has acquired SENSR from Reference LLC, located in Elkader, Iowa. The company is now known as SENSR Monitoring Technologies, LLC (SMT), a wholly- owned subsidiary of GREX.

 

SENSR develops and sells monitoring equipment to various industries throughout North America and internationally, and has created an internet-based structural health monitoring system for measuring and managing remote structures.

Wiggie Shell, chairman of SMT and president and chief executive officer of GREX, said “We are very excited to be able to expand our product offerings to the Rail Industry and beyond by acquiring a very key product that is showing itself to be important and valuable to the bridge and structure monitoring industry. So much of our country’s infrastructure is showing its age, and the SENSR products will facilitate the monitoring of these structures to better analyze what level of deterioration exists in them today and what might assist in prioritizing the refurbishing of our countries highway and railroad spans. This is a key acquisition for GREX as it will provide a platform from which we can realize greater success.”

The SMT Board of Managers elected Walter F. Bleser II, P.E. as president of SENSR Monitoring Technologies leading the team going forward.

“The entire SENSR team, including founder Chris Kavars and Les Davis, is very confident that this strategic affiliation with GREX will be the springboard we are seeking to propel the SENSR products to new levels of acceptance in many industries. This will be a great team effort with GREX, and we are looking forward to working together toward our common goals. Our products can revolutionize the structural monitoring industry,” said Bleser.

The immediate plans for SENSR are to expand its products and monitoring systems to include monitoring functions on highway bridges, vertical structures, wind turbines, oil derricks, construction projects, and even packing crates to measure movements in shipping.

“We think we have only touched the surface for the potential applications of our products,” said Bleser.

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