Integrated Electrical Services Acquires STR Mechanical

HOUSTON, April 27, 2016 (GLOBE NEWSWIRE) -- Integrated Electrical Services, Inc. (or "IES") (NASDAQ:IESC) today announced that a wholly-owned subsidiary of IES has acquired 80% of the membership interests in STR Mechanical, LLC ("STR"), a Charlotte, North Carolina-based provider of commercial and industrial mechanical services, including maintenance, repair, and replacement services, and temperature control system installations. Keith Moore will remain in his role as CEO of STR and Chris Landreth will remain in his role as President of STR, and each will continue to manage STR's day-to-day operations. Mr. Moore and Mr. Landreth also will retain the total remaining interest in STR. STR will operate within IES's Commercial & Industrial segment and will continue to operate under the STR Mechanical name. Read More...