Penhall Company Acquires Assets of Capitol Drilling & Sawing, Memphis, Tennessee, Location

October 3, 2022

IRVING, TX — October 3, 2022 – Penhall Company, the nation’s leader in concrete cutting and removal services, today announced it has acquired the equipment of Capitol Drilling & Sawing located in Memphis, Tennessee. In addition, Penhall Company has hired the former Capitol Drilling & Sawing employees located in the Memphis office. The Memphis Office of Capitol Drilling & Sawing was formerly operated as Bluff City Cutting and Concrete, established in 1997. The location offers a multitude of concrete solution services to the construction industry throughout Memphis, Western Tennessee, and surrounding areas. Michael Totty, a veteran of the Penhall Company will help transition Norman Mitchell, the current Capitol Drilling & Sawing Operations Manager, and its other employees to Penhall Company.

“In a business where safety, customer service and reliable delivery of services are important, the asset purchase of Capitol Drilling & Sawing, Memphis location, will enhance the Penhall Company’s service capabilities and expand our services throughout the Memphis, Western Tennessee, and surrounding markets,” said Greg Rice, President and Chief Executive Officer of Penhall Company. “We welcome the employees of the Capitol Drilling & Sawing Memphis location into our Red and Gray family.”

With over 40 branch/service locations throughout the US and Canada, Penhall Company serves a broad range of end markets including retail, military, government, hospitality, highway, residential, mining, refining, chemical and utilities. With the acquisition of the assets of the Capitol Drilling & Sawing Memphis, Tennessee location, Penhall Company positions itself to offer a full range of services to the Memphis, Tennessee, and surrounding areas to include: Concrete Cutting and Coring, Concrete Breaking, Specialized Demolition, GPR concrete scanning, Digital X-Ray, Utility Locating, Fiber-Reinforced Polymer for concrete strengthening, Grinding and Grooving, and Bridge Services.

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