MRC Global Announces Joint Venture with Frisbie Measurement Services to Provide Integrated Meter Technical Services
MRC Global (NYSE: MRC) has announced a strategic joint venture with Frisbie Measurement Services (FMS) to form IMTEC Services, a provider of integrated smart meter technical services for the gas utilities sector. The venture, which is seeking certification as a woman-owned business, will operate from MRC Global's La Porte, Texas Operations Complex.
IMTEC Services will function as a centralized meter center, integrating meter and electronic meter reading capabilities while focusing on quality and safety. The joint venture aims to provide customers with shorter lead times, enhanced market disruption resilience, and regulatory compliance. Additionally, it will offer 100% Tier II diverse supplier classification for all meter spending, meeting state public utility commission requirements.
MRC Global (NYSE: MRC) ha annunciato una joint venture strategica con Frisbie Measurement Services (FMS) per formare IMTEC Services, un fornitore di servizi tecnici integrati per contatori intelligenti nel settore delle utilities del gas. La joint venture, che sta cercando la certificazione come impresa di proprietà femminile, opererà dal Complesso Operativo di MRC Global a La Porte, Texas.
IMTEC Services fungerà da centro centralizzato per i contatori, integrando capacità di lettura dei contatori e dei contatori elettronici, con un focus sulla qualità e sulla sicurezza. L'obiettivo della joint venture è fornire ai clienti tempi di attesa più brevi, una maggiore resilienza alle interruzioni di mercato e conformità normativa. Inoltre, offrirà una classificazione di fornitore diversificato Tier II al 100% per tutte le spese relative ai contatori, soddisfacendo i requisiti della commissione pubblica delle utility statali.
MRC Global (NYSE: MRC) ha anunciado una alianza estratégica con Frisbie Measurement Services (FMS) para formar IMTEC Services, un proveedor de servicios técnicos integrados de medidores inteligentes para el sector de las utilidades de gas. La alianza, que busca la certificación como empresa de propiedad femenina, operará desde el Complejo Operativo de MRC Global en La Porte, Texas.
IMTEC Services funcionará como un centro de medidores centralizado, integrando capacidades de lectura de medidores y medidores electrónicos, mientras se enfoca en la calidad y la seguridad. La joint venture tiene como objetivo proporcionar a los clientes tiempos de entrega más cortos, una mayor resiliencia ante interrupciones del mercado y cumplimiento normativo. Además, ofrecerá una clasificación de proveedor diverso Tier II del 100% para todos los gastos de medidores, cumpliendo con los requisitos de la comisión pública de utilidades estatal.
MRC Global (NYSE: MRC)는 Frisbie Measurement Services (FMS)와 전략적 합작 투자 계약을 체결하여 IMTEC Services를 설립했다고 발표했습니다. IMTEC Services는 가스 유틸리티 부문을 위한 통합 스마트 미터 기술 서비스를 제공하는 회사입니다. 이 합작 투자는 여성 소유 기업으로 인증받기 위해 노력하고 있으며, MRC Global의 텍사스주 라 포르트 운영 복합단지에서 운영됩니다.
IMTEC Services는 미터와 전자 미터 판독 기능을 통합하는 중앙 집중식 미터 센터로 기능하며, 품질과 안전에 중점을 둡니다. 이 합작 투자의 목표는 고객에게 더 짧은 리드 타임, 향상된 시장 방해에 대한 회복력 및 규제 준수를 제공하는 것입니다. 또한, 모든 미터 지출에 대해 100% Tier II 다양한 공급업체 분류를 제공하여 주 공공 유틸리티 위원회의 요구 사항을 충족할 것입니다.
MRC Global (NYSE: MRC) a annoncé un partenariat stratégique avec Frisbie Measurement Services (FMS) pour former IMTEC Services, un fournisseur de services techniques intégrés pour compteurs intelligents dans le secteur des services publics de gaz. Ce partenariat, qui cherche à obtenir une certification en tant qu'entreprise détenue par des femmes, fonctionnera depuis le complexe opérationnel de MRC Global à La Porte, au Texas.
IMTEC Services agira en tant que centre de compteurs centralisé, intégrant des capacités de lecture de compteurs et de compteurs électroniques tout en se concentrant sur la qualité et la sécurité. L'objectif du partenariat est de fournir aux clients des délais de livraison plus courts, une meilleure résilience face aux perturbations du marché et une conformité réglementaire. De plus, il proposera une classification de fournisseur diversifié de niveau II à 100 % pour toutes les dépenses liées aux compteurs, répondant ainsi aux exigences de la commission publique des services publics de l'État.
MRC Global (NYSE: MRC) hat ein strategisches Joint Venture mit Frisbie Measurement Services (FMS) angekündigt, um IMTEC Services zu gründen, einen Anbieter von integrierten technischen Dienstleistungen für intelligente Zähler im Gasversorgungssektor. Das Joint Venture, das eine Zertifizierung als von Frauen geführtes Unternehmen anstrebt, wird vom Betriebsstandort von MRC Global in La Porte, Texas, aus arbeiten.
IMTEC Services wird als zentrales Zählerzentrum fungieren, das Zähler- und elektronische Zählerlesefunktionen integriert und sich auf Qualität und Sicherheit konzentriert. Das Ziel des Joint Ventures ist es, den Kunden kürzere Vorlaufzeiten, eine verbesserte Resilienz gegenüber Marktstörungen und die Einhaltung von Vorschriften zu bieten. Darüber hinaus wird es eine 100%ige Tier-II-Klassifizierung für alle Zählerausgaben anbieten, um die Anforderungen der staatlichen Kommission für öffentliche Versorgungsunternehmen zu erfüllen.
- Strategic expansion into smart meter technical services market
- Potential for diverse supplier certification (woman-owned business status)
- 100% Tier II diverse supplier classification for utility customers
- Centralized operations promising shorter lead times and market resilience
- None.
HOUSTON, March 14, 2025 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC) announced that it has entered into a joint venture with Frisbie Measurement Services, LLC (FMS) forming IMTEC Services, a provider of integrated smart meter technical services to the gas utilities sector. IMTEC Services is applying for its certification as a woman-owned business with the Women’s Business Enterprise National Council (WBENC).
IMTEC Services is a centralized meter center that will integrate meter and electronic meter reading capabilities while maintaining quality and safety. With IMTEC Services, customers will be able to enjoy shorter lead times, resilience against market disruptions, a commitment to regulatory compliance and high-quality meters delivered with precision.
“The smart meter development process has been cumbersome for utilities and manufacturers alike. FMS understands the technical requirements for smart meters and automated meter readers and qualifies IMTEC as a diverse supplier to purchasing utilities. Based on feedback from our gas utility customers, we expect a strong reception,” Rob Saltiel, MRC Global President & CEO, said.
Heidi Frisbie, President of FMS, Tecvalco USA and former General Manager, Smart Energy at Honeywell stated, “FMS’ customer-focused energy solutions and MRC Global’s extensive inventory experience are well suited for the IMTEC Services joint venture. This combined expertise allows IMTEC Services to offer meter and end point solutions that meet high quality and safety requirements while providing
IMTEC Services will offer a comprehensive meter supply chain and will operate within MRC Global’s La Porte, Texas Operations Complex which is centrally located to serve customers throughout the United States.
About MRC Global Inc.
Headquartered in Houston, Texas, MRC Global (NYSE: MRC) is the leading global distributor of pipe, valves, fittings (PVF) and other infrastructure products and services to diversified end-markets including the gas utilities, downstream, industrial and energy transition, and production and transmission infrastructure sectors. With over 100 years of experience, MRC Global has provided customers with innovative supply chain solutions, technical product expertise and a robust digital platform from a worldwide network of approximately 200 locations including valve and engineering centers. The company’s unmatched quality assurance program offers approximately 200,000 SKUs from over 7,100 suppliers, simplifying the supply chain for over 8,300 customers. Find out more at www.mrcglobal.com.
About Frisbie Measurement Services LLC
Headquartered in Cleveland, OH, Frisbie Measurement Services, LLC provides comprehensive gas measurement expertise utilizing a team of expert metrology and engineering resources. From proving, trouble shooting, to technical consulting, the company operates with an acute understanding of customer needs and prides itself on delivering customer focused solutions in the metering space. The company is proudly women-owned and led.
Contact:
Monica Broughton
VP, Investor Relations & Treasury
MRC Global Inc.
Monica.Broughton@mrcglobal.com
832-308-2847
FAQ
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