Building America’s Premier Marine Transportation Company
SULPHUR, LA.–(BUSINESS WIRE)–Devall Towing (Devall) and Southern Towing Company (STC) announced today that they will fully integrate operations and management of the two companies in 2023. The combination of Devall’s extensive coastal operations network with STC’s upriver capabilities enables the newly combined company to provide integrated marine transportation solutions across the entire U.S. inland and coastal waterway system.
Under the name Southern Devall, the new company will bring together more than 120 years of experience backed by 230 barges, 70 towboats, and the expertise of 700 employees to safely transport the nation’s chemicals and fertilizers along all 12,000 miles of navigable waterways.
“We are excited about the opportunities ahead,” said Kenny Devall who will lead the new company as CEO. “Both Southern and Devall were established as family-owned companies that share the same core values and vision. We look forward to building on that foundation as we invest in and grow the new company.”
The integration will significantly increase service options for customers. With extensive geographic reach, proven industry expertise, and a comprehensive range of competitive service offerings, Southern Devall will be a one-stop-shop with the scale, breadth, and capabilities to compete more effectively in the market.
Integration activities are expected to conclude in the second half of 2023.
Southern Devall is a portfolio company of CC Industries, a Chicago-based management company for the Crown family’s privately held companies.
About Southern Devall
Southern Devall is a new company that will incorporate two long-standing industry leaders: Devall Towing and Southern Towing. Southern Devall will be headquartered in Sulphur, LA.
Devall was founded in 1952 and is headquartered Sulphur, LA. Devall is a marine transportation service provider with a strong focus on the chemical market. Devall has two industry subsidiaries: Devall Fleeting, which operates multiple fleeting locations in Louisiana and Texas; and Devall Diesel Services, a factory dealership & service center for diesel engines.
Southern was founded in 1958 and is headquartered in Memphis, TN. Southern is one of the nation’s largest carriers of liquid fertilizers.
About CC Industries
CC Industries is the Chicago-based management company for the Crown family’s privately-held companies, including: CIE, GILLIG, Great Dane Trailers, J.L. Clark, Miracapo Pizza Company, Provisur Technologies, Riverside Rail, Selig, Southern Devall, and Trail King Industries. The Crown family has a long history of owning and growing industrial businesses. The Crown family’s original business dates itself to 1919 when Henry Crown and his brothers started Material Service Corporation.
Contacts
Bob Thomas Bthomas@devalltowing.com
