By joining operations, the intent is to focus on the strengths of each company in order to better service current and prospective customers. Combining Florex and MD&B increases the resources and geographic footprint of both companies.
“This merger is a positive move for both MD&B and Florex Explosives and is representative of MD&B’s commitment to be a leader in the drilling and blasting industry into our expanded geography,” MD&B President & CEO Dan Werner said. “Our resources, complemented by the market acumen of our joint venture partner, Dyno Nobel, combined with the local expertise of Florex will support leadership in this region and strengthen our overall share of the Florida quarry and construction markets.”
The joint operation will provide improved drilling and blasting safety, technical services, engineering, training, public relations, equipment program, distribution network, and customer service. Operations will continue out of the Brooksville, Florida, headquarters and will be led by Florex Principal Jeff Senules as a key regional leader.
“Both Florex Explosives and MD&B desire to be leaders in the Florida drilling and blasting industry, and as such, lead in operating capabilities, performance, and compliance standards," Senules said. "This merger is an exciting and welcome opportunity to team up for the mutual benefits it will provide.”
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MD&B offers drilling, blasting, and foundation services to construction and quarry markets throughout the Northeastern, Mid Atlantic, and Southeast United States, along with a variety of specialty services including hoe ramming, engineering, public relations, pre-blast surveys, and packaged and bulk explosive distribution. In addition to the corporate office in Gardiner, Maine, MD&B has offices in Connecticut, Georgia, Massachusetts, New Hampshire, New York, Pennsylvania, Tennessee, Vermont, and Virginia.