YOU ARE AT:Archived ArticlesWESTOWER ACQUIRES MJA COMM. CORP.

WESTOWER ACQUIRES MJA COMM. CORP.

VANCOUVER, Wash.-Wireless tower builder and owner Westower Corp. last week acquired privately-held MJA Communications Corp. for $10 million in stock.

The acquisition of the Palm Beach Gardens, Fla.-based tower-construction company will extend Westower’s construction business to the Mid-Atlantic and Southeastern regions of the country, add architectural design capability and expand engineering, said Westower.

For the four months ended April 30, MJA reported revenue of $6.06 million and unaudited pretax income of $615,000. Last year, MJA reported revenue of $13.9 million and adjusted pretax income of $1.25 million, said Westower.

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