Tri-State Utilities Announcement

We are excited to announce an exciting new chapter in our Company’s history. From the beginning, we have worked to build a company that provides world class customer service using the best available technologies to serve our customers while also creating opportunities for our employees to grow and advance. As we have continued to grow our presence in the mid-Atlantic markets, we have determined our best path for continued growth was to partner with another dominant service provider.

We are thrilled to announce that we are partnering with Hoffman Southwest Corp. (HSW), a water and sewer system corporation based in California to expand the breadth of services we’re able to offer our valued customer base. When we began contemplating a possible ownership transition, it was critical that we find a group that shared our Company’s values and commitment to growth. We feel confident that the HSW team is precisely the partner who shares this vision. We have no doubt that HSW will help us build on the tremendous foundation that our father established and we were fortunate enough to continue. As shareholders in the combined entity, we are looking forward to personally maintaining the level of service and responsiveness that our customers and vendors have come to expect from Tri-State Utilities.

HSW operates 3 separate companies all of which are focused on providing water and sewer system inspection, repair and support for residential, commercial, municipal and utility customers in the western United States.

Current HSW Companies:

Pro-Pipe is a leading underground pipeline condition assessment and cleaning services provider in the western United States.  Pro-Pipe operates 10 branches across eight states (California, Arizona, Texas, Oregon, Utah, Colorado, Nevada and North Carolina).

HSW is the largest franchisee of Roto-Rooter, the #1 provider of plumbing and drain cleaning services in North America. HSW operates 11 branches serving approximately 30 million people across five states (California, Arizona, Texas, Oregon and Utah).

Western Drain Supply is a distributor of plumbling supplies and equipment (Key vendors include: RIDGID cameras, GORLITZ drain cleaning equipment, PICOTE trenchless pipe repair equipment and MAXLINER felt and resins for CIPP). Western Drain Supply also acts as a repair center for camera and drain cleaning equipment operating 2 branches in two states (California and Arizona).

We will become the fourth HSW company and will continue to operate independently as Tri-State Utilities doing what we have always done, providing inspection, cleaning and pipe reahbilitation services to our customers throughout the mid-Atlantic. We will continue in our existing roles helping to lead the Company in this next wave of growth.

Mr. Mark Burel (CEO of HSW) and other members of the HSW team are here today to tell you more about who HSW is and how we will be working together to become the nation’s largest provider of water and sewer system inspection, repair and support for residential, commerical, municipal and utility customers.

We are excited for this new chapter and thank each and everyone of you for your hard work and dedication that has made Tri-State the company it is today.

With gratitude,
Andy & Joe

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