Michels Construction, Inc., a wholly owned subsidiary of Michels Corporation, has
acquired two companies, PCi Dredging and Great Lakes Diving and Salvage, adding
to its already robust marine construction services.
Michels Construction, Inc. is a leader in the design and construction of structurally
sound, value-engineered foundations and industrial building solutions. Among
several specialty service lines, Michels Construction is a premier, go-to contractor
for a wide variety of marine work on lakes, rivers, and inlets. The company has
earned a reputation for having the experience, capabilities, capacity, and
equipment required to tackle projects of all sizes, including many large-scale
projects simultaneously.
PCi Dredging uses dredging and related services to enhance, expand and restore
waterways and shorelands. In addition to improving navigability, PCi Dredging
preforms work to improve environmental conditions, including floodwater holding
and remediation of contaminated soil. PCi Dredging was established in 1978 by
Kent Petersen as the Petersen Companies, Inc. Like Michels, PCi Dredging was
family owned and operated.
Great Lakes Diving & Salvage uses trained and certified divers to provide inland and
offshore underwater construction and diving services. Great Lakes Diving & Salvage
serves customers in the civil construction and engineering markets, including
federal, state, municipal, and private sector needs. In addition to underwater
construction, Great Lakes Diving & Salvage’s experience includes design, fabrication
and installation of underwater solutions.
“Growing to meet the evolving needs of our customers and markets is part of the
Michels mindset,” said Phillip Michels, Senior Group Vice President, Michels
Corporation. “Sometimes that happens organically; other times it is through
acquisitions. In all cases, our decisions are based on finding new ways to provide
our customers with the services they need and the commitments to safety, quality
and innovation they expect from us.
“The more we worked with PCi Dredging and Great Lakes Driving & Salvage, the
more we realized these two companies augmented our services and were in
alignment with our values and vision,” he said.
The acquisition will allow PCi Dredging and Great Lakes Diving & Salvage staffs to
continue to perform their essential and highly specialized services, while being
supported by leadership, equipment and resource of Michels Construction, Inc. and the Michels Family of Companies
“My family and I are proud of what we have accomplished with PCi Dredging,” said
Mark Petersen, Vice President, PCi Dredging. “We are excited to move ahead to
another family owned business with strong traditions and a great future.”
“Michels and Great Lakes Diving both have strong reputations in the marine
construction industry,” said Tommy Gouin, Vice President, Great Lakes Diving &
Salvage. “More importantly, we share a commitment to quality and culture that
makes us a natural fit.”
