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Motion Industries, Inc. has signed a definitive purchase agreement to acquire the operating assets of
Canadian-based Stoney Creek Hydraulics. The transaction is expected to close at the
end of October, subject to customary closing conditions.
Motion Industries, Inc. is
pleased to announce a new Motion Repair & Services location at 20710 Sharmon Road,
Houston, Texas, 77038. The new shop, which is entirely dedicated to repair and services, is
slated to open in September 2024.
Motion Industries, Inc., a distributor of maintenance, repair and operation replacement parts, and a premier provider of industrial technology solutions, signed a definitive purchase agreement to acquire the operating assets of Canadian-based LSI Supply Inc. and its sister company 273 Ontario (which trades as LSI). The transaction is expected to close later this month, subject to customary closing conditions.
Motion has signed a definitive purchase agreement to acquire Allied Circuits, an electrical
and automation firm. The transaction is expected to close later this month, subject to
customary closing conditions.
Genuine Parts Company, a global distributor of automotive and industrial replacement parts, has announced that its board of directors has appointed James F. Howe to the position of president, Motion, the company's industrial business, effective April 1, 2024. With nearly three decades of dedicated service to the company, Howe brings a wealth of experience and expertise to his new role.
Motion Industries, Inc. has signed a definitive purchase agreement to acquire the operating assets of Perfetto Manufacturing and SER Hydraulics. Subject to customary closing conditions, the transaction is expected to be finalized at the end of February.
Motion Industries, Inc. recently named
Chris Cleland to senior vice president of strategy and markets, effective immediately.
Cleland’s career spans over 25 years in consulting,
strategy, marketing, branding, e-commerce, business
development, and transformation.
Gearmotors are used in processes to produce, manufacture, convey, package and store products used every day and are used frequently in small packaging applications due to their compact size. These units need care via preventive maintenance just like any asset used on a production site.
Motion Industries, Inc. named NSK “2022 Supplier of the Year.” The award recognizes companies that have shown exceptional commitment to Motion through quality products and services and earned the highest score in the multi-faceted Supplier Stratification rating system. The presentation took place July 18, 2023, at NSK’s manufacturing facilities in Franklin, TN.