Compliance Staffing Agency acquires TK Mining
By Press Release
Published Thursday, June 22, 2017 10:01 am
JENNMAR affiliate Compliance Staffing Agency (CSA), the premier nationwide provider of workforce solutions for the energy industry, expanded its service offerings and expertise with the acquisition of TK Mining Services. Along with its purchase of Price Mine Services in November 2015, CSA has assembled the assets, personnel and presence to offer unparalleled service offerings and pricing in the western U.S.
CSA has brought over key management from TK Mining and anticipates the acquisition will result in growth opportunities throughout the western U.S.
"With the recent upward trend we have seen in the mining industry, we saw an immediate need to bolster our offerings to better serve our clients," said Steve West, president of CSA West. "TK Mining was an excellent fit and the integration of the two companies will be able to proceed at a rapid pace.
"While this acquisition is beneficial to CSA, it will be even more beneficial to our clients. We quickly realized that TK Mining has some unique and untapped strengths that could be fully unlocked by CSA's management strength and robustness."
TK Mining Services has operated out of Delta since 2004. In the past, the company operated in 14 states and four countries. David Schaaf, founder and CEO of TK Mining, will be transitioning to CSA as part of the sale and will be focusing on developing and performing project-based mining work for the new TK Mining and Specialty Services division of CSA.
"I am very proud of the management and leadership team we have assembled at TK Mining and the positive internal changes we have seen in the last few years," Schaaf said. "Being able to work together with CSA will allow us to execute an ambitious growth plan going forward.
"I am most proud that for the last 13 years, TK Mining has been able to provide high-paying employment for so many miners, particularly miners from the North Fork. I am incredibly optimistic that this acquisition will allow us to provide jobs to even more people during these challenging times in Delta County."
In the immediate future, TK Mining and Specialty Services will operate as a stand-alone division of CSA, but over time will be fully integrated as a unified business unit. Collaboration between CSA (including other JENNMAR affiliates) and TK Mining will start right away.
"While all acquisitions and transitions present their own challenges, I am very excited for the opportunities created by this purchase. Our customers should begin seeing the benefits of this purchase almost right away," West said.