Such was the case for Bloomfield, Conn.-based Kaman Distribution Group, purchased Jan. 3 for $1.3 billion by Company profile page for Garrett Motion Inc including stock price, company news, press releases, executives, board members, and contact information Motion Industries has acquired 18 companies of its own, including 3 in the last 5 years. From standard fixtures to one-of-a-kind custom fixtures, Innovation is the perfect choice for your elevator component needs. Analyze quarterly positions in Applied Industrial Technologies with up to 7 years of data, all consolidated into one spreadsheet . From standard fixtures to one-of-a-kind custom fixtures, Innovation is the perfect choice for your elevator component needs. Since 1972, it has been a wholly owned subsidiary of Genuine Parts Company. The Thomson brand is recognized and trusted as the global leader in mechanical motion technology. MOTION owns any collected information and shall continue to own such information upon the termination of the license . EIS is North America's leading supplier of electrical, electronic, and mechanical process materials, bringing together top-tier distribution products and cutting edge fabrication and converting capabilities. August 3, 2020. Motion Industries becomes a wholly owned subsidiary of Genuine Parts Company (GPC) 1974 "In general I would like to say of our growth that it is our desire that it be soundly planned growth and not hastily conceived pithy growth." Morton Industries provides tubular product and sheet metal fabrication for small to large businesses that range from small manufacturers to large OEMs. Acquisition to complement growth strategy in hose, belting and materials handling. Terms of the acquisition by Birmingham, Ala.-based Motion Industries Inc. were not announced. Find company research, competitor information, contact details & financial data for Motion Industries, Inc. of Benton Harbor, MI. Get the latest business insights from Dun & Bradstreet. Motion Industries, a wholly owned subsidiary of Genuine Parts Company, has acquired OBBCO Safety & Supply, a Chesapeake, Va.-based industrial safety distributor. ITT's three businesses include Industrial Process, Motion Technologies, and Connect and Control Technologies. 7. Its customers cross numerous industries including: food and beverage, pulp and paper, iron and steel, chemical, mining, petrochemical, automotive, wood and lumber, and pharmaceuticals. At $4.96 billion in sales, Motion Industries placed fourth on Industrial Distribution's 2018 "Big 50" list of industrial distributors. 1998 Acquired EIS. Find company research, competitor information, contact details & financial data for Motion Industries, Inc. of Benton Harbor, MI. Our family of linear and mechanical motion products also includes BSA, Neff, Tollo, Micron, Deltran and Cleveland - all now part of Thomson. GPC Asia Pacific is the largest automotive aftermarket parts supplier in Australia and New Zealand. Since 2018 when Thomson was acquired by Altra Industrial Motion, our product range has grown significantly. The Torrington Company was a firm that developed in Torrington, Connecticut, emerging as a rename from the Excelsior Needle Company. Apache will be operated as part of Motion's belting group which includes several other acquisitions made over the past few years. Motion Industries largest acquisition to date was in 2021, when it acquired Kaman Industrial Description. Provider of janitorial and sanitation products and solutions intended for cleaning and food service professionals. The company offers a wide range of cleaning solutions, which include sanitary papers and disposables, janitorial maintenance equipment, rentals and service, laundry products, ware wash systems and other related Marks and Spencer merged Motion Industries with Genuine Parts Company in 1972. Motion Industries now forms the Industrial Parts Group of Genuine Parts. According to Marks, Motion Industries was one of the first industrial distribution companies to establish a central distribution center and set-up an electronic parts database. 1994 Joint Venture with Auto Todo. Website. Birmingham, AL-based Motion Industries, a subsidiary of Genuine Parts Co. (NYSE: GPC), has agreed to acquire the North American assets of BC Bearing, Vancouver, British Columbia. Motion Industries, Inc. is an American distributor of industrial parts headquartered in Birmingham, Alabama. 2016 Acquired AMX Superstores; 2016 Acquired Auto-Camping; 2017 Acquired Inenco Group (Australia). Add alert for AIT Ticker: AIT; CUSIP Number: 03820C105; Tip: Access positions for across all investors. Subsidiaries Acquisition price: Approximately $8 billion 15 16. 2013 Acquired GPC Asia Pacific. A total of 4 acquisitions came from private equity firms. Manufacturer and supplier of precision motion control and engineered systems intended to serve the automotive, agriculture, medical, marine and other industries. 3. OBBCO provides product from more than 100 safety supply manufacturers, with offerings including personal protective equipment, hazardous storage units, first aid supplies, and gas detection Elevator Fixtures. From Business: With annual sales of $4.6 billion, Motion Industries is a leading industrial parts distributor of bearings, mechanical power transmission, electrical and. We have become an industry leader after steady growth since our inception in 1946. A total of 4 acquisitions came from private equity firms. Motion Industries largest acquisition to date was in 2021, when it acquired Kaman Industrial Technologies for $1.3B. Motion Industries has acquired in 12 different US states, and 2 countries. The Companys most targeted sectors include distribution (83%) and electronics (6%). Description. Further, third party service providers of MOTION may also collect and store Licensee information. Who owns Applied Industrial Technologies? Our technicians can work with you to get you the information you need to make a decision. 2008 Acquired Altrom. Call us at (920)725-4688 or email us at [emailprotected] We are here to help and answer any questions you may have! Ferguson Industrial is a leading industrial supply chain service provider of PVF, MRO and specialized services, focused on helping customers solve challenges through quality people, quality products and quality processes. They have over 500 locations, including 13 distribution centers throughout North America and serves more than 300,000 customers from the food and beverage, pulp and paper, iron and steel, chemical, mining and aggregate, petrochemical, automotive, wood and lumber, and OPEN NOW. Your industrial supply partner. Brady Industries General Information. Elevator Fixtures. Industrial Equipment & Supplies Bearings. Corporate HQ Mergr Motion Industries is an industrial parts distributor of bearings, mechanical power transmission, electrical and industrial automation, hydraulic and industrial hose, hydraulic and pneumatic components, industrial products, safety products, and material handling. Bitcoin Motion is a mobile-friendly bitcoin trading software that makes use of powerful AI algorithms to forecast Bitcoin Motion claims to replace the existing reality in which only 1% owns more than 98 percent of the total wealth. Motion has entered into agreements to acquire TRC Hydraulics, a Canadian-based supplier of hydraulic products HD Supply Holdings Inc. was founded in 1974 as Maintenance Warehouse. Acquisition date: Dec. 24, 2020 16. Motion Industries MOVED. Innovation designs and manufactures elevator components and accessories of the highest quality, as indicated by our ISO 9001 certification, with the shortest lead times in the industry. Get the latest business insights from Dun & Bradstreet. NSI Industries Adds Remke to Portfolio of Brands June 27, 2022 HUNTERSVILLE, N.C., June 27, 2022 NSI Industries, LLC, a leading provider Type News. The company produces specialty components for the aerospace, transportation, energy and industrial markets. Motion Industries is a wholly owned subsidiary of Genuine Parts Company (NYSE: GPC). If your classic car needs a full restoration, maintenance work or if you're unsure please contact us. Innovation designs and manufactures elevator components and accessories of the highest quality, as indicated by our ISO 9001 certification, with the shortest lead times in the industry. It used a "cold swaging" technique to create sewing machine needles and other needles from cold metal, and was the largest employer in Torrington. BIRMINGHAM, Ala.For the multi-billion-dollar Motion Industries, any potential acquisitionand there have been many to begin the year for companies in the rubber and fluid power worldmust have three essential ingredients if it is to come to fruition.. Company profile page for Motion Industries Inc including stock price, company news, press releases, executives, board members, and contact information Motion Industries becomes a wholly owned subsidiary of Genuine Parts Company (GPC) New 30,000 SF Headquarters completed in Irondale, Alabama ( More Motion Industries news ) Motion Industries Inc., Birmingham, Alabama, a distributor of maintenance, repair, and operation (MRO) replacement parts and a wholly owned subsidiary of Genuine Parts Co., on Monday announced two acquisitions. 1976 Acquired Motion Industries. ITT Inc., formerly ITT Corporation, [3] is an American worldwide manufacturing company based in Stamford, Connecticut. ABOUT EIS. We resell and distribute automotive replacement parts, accessories and related tools and equipment through a network of 556 stores, six advanced distribution centres and a team of more than 6000 dedicated team members.