Texacone has been involved in the elevator industry designing and manufacturing hydraulic sealing components since the 1950’s. According to Tra Willbanks, managing partner of Anchor, “We are very excited to team up with Gina and Wallace, given their long history of outstanding service to the elevator industry”. The new relationship will allow Texacone to strengthen its position in the elevator industry by bringing to market new products and related services.

Anchor also gives Texacone the ability to expand into new industrial markets making it a stronger, more diverse force in the sealing industry. Gina Valdez, President of Texacone: “Tra’s group is a great match for Texacone bringing many opportunities while allowing us to maintain our personable style of management that we have enjoyed for 84 years. We are excited to be a part of the Anchor family”.