EAST POINT, Ga., Dec. 13, 2016 (GLOBE NEWSWIRE) -- CarterBrothers Williams announced its formation as a contractual joint venture between Williams Industrial Services Group, a wholly-owned subsidiary of Global Power Equipment Group Inc. (OTC:GLPW) , and CarterBrothers Services . CBW will be one of the largest minority businesses in the power generation, industrial and infrastructure markets and will provide comprehensive maintenance, modification and construction services to customers throughout the U.S.

The two companies bring complementary capabilities and services to the venture. Williams offers operational and strategic focus gained from its long history of providing core electrical and mechanical maintenance and specialty services to a broad and diverse customer base. CarterBrothers’ capabilities within the power generation and infrastructure markets have made it a diverse supplier of choice for project management and electrical services’ needs. Together, they will capitalize on their unique strengths to provide differentiated offerings to customers within the power generation, industrial, pulp & paper, aviation and oil & gas industries.

“Building on the commercial success realized with the strategic alliance formed by our two organizations over a year ago, we’re now taking this relationship to the next level,” commented Tarun Ganeriwal, Senior Vice President of Williams. “We believe this next step provides even greater advantages to our growing list of key customers. Our organizations are now truly vested partners, offering a full product and services portfolio.”

CarterBrothers’ CEO and Vice Chairman, John F. Carter, added, “We’re excited to formally team up with the Williams organization in the establishment of this joint venture. Under the CBW name, we look forward to providing full service management, electrical, mechanical and specialty solutions to our customers in an even more comprehensive manner than we have historically done, improving their time to market and ultimately enhancing their competitiveness.”

About CarterBrothers Williams
Atlanta, GA-based CarterBrothers Williams, or CBW, is a joint venture between CarterBrothers Services and Williams Industrial Services Group. It is one of the largest minority businesses in the power generation, industrial and infrastructure markets. The organization provides comprehensive maintenance, modification and construction services to customers throughout the U.S.

About CarterBrothers Services

Atlanta, GA-based CarterBrothers Services was established to be a “single source provider,” leading an affiliate of companies in the management and performance of comprehensive services in the power/energy, aviation, pulp & paper, industrial, construction and maintenance markets.

About Williams Industrial Services Group

Tucker, GA-based Williams Industrial Services Group, a wholly-owned subsidiary of Global Power Equipment Group Inc., is a construction, maintenance and modification supplier to the energy, industrial and process industries. Williams provides lifecycle maintenance, repair, construction and fabrication services for the industrial, chemical/petro-chemical process, oil & gas, power generation and nuclear customer base.