Long-time Fayetteville businessman Mike Wetherington has announced the sale of American Development Corporation to Hawkins, Inc.
ADC opened its doors in 1996 starting from the ground up delivering chemicals used for water treatment. Today, the company serves over 800 accounts in nine states.
Hawkins, Inc., located in Minnesota, got its start in 1938 when it was founded by Howard “Curly” Hawkins. Today, Patrick Hawkins, third-generation grandson is Chief Executive Officer and President. The publicly traded company provides chemical formulation, manufacturing, blending, and distribution to utilities and companies from over 40 sites across much of the country.
“When I decided it was time for a change, Hawkins was the company I wanted to work with,” Wetherington said. “I’ve known them as a competitor and an ally in the industry for many years. There are a lot of similarities in our operations and in what we do – it’s a perfect fit.
“I plan on staying active in the water treatment industry and continue to work on legislation for water in Washington,” Wetherington added.
“When we opened ADC, I couldn’t think of a better place on the planet to locate, and I still feel the same way today,” he continued. “This is a very special caring community, and I will remain an active part of it. I want to thank all the individuals and all the local government agencies for the support they’ve given myself and this company through the years.”
Patrick Hawkins said, “I met Mike for the first time eight years ago having lunch at Cahoots, and we developed a relationship that grew through the years. We have followed his company as they have grown their business. I am grateful to have gotten to know Mike – he has a great reputation throughout the industry.
“There are a lot of benefits to this acquisition,” he continued. “The new location works very well for us to expand our water treatment market, and there’s also acreage for expansion into additional chemical processes in the future.
“I know Mike and ADC have been a big part of this community for many years, and we want Hawkins to continue in that role,” Hawkins added. “We look forward to working with the ADC staff and establishing new relationships throughout the area.”