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Detroit-based inland L.L.C. has bought DeBusk Industrial Services Co. as part of a strategy to double its revenue to at least $160 million by the end of the year, and to diversify both geographically and from a reliance on the auto industry.
The company plans to make three other acquisitions this year and plans to open offices soon in Atlanta and Kentucky.
But Inland President and CEO Jeffrey Stark said the company will continue to be based in Detroit as it expands.
"We're very much entrenched in the city of Detroit. There's no moving for us. We have faith in the city," Stark said.
Inland L.L.C. is a holding company for Detroit-based Inland Waters Pollution Control Inc., DeBusk and Ohio-based PMS industrial Services. Both Inlands are headquartered Downriver on Schaefer, just off I-75. Inland Waters does industrial cleaning and maintenance for manufacturing clients; sewer...