SEPAC and Placid Industries Complete Merger and Integration
SEPAC, an engineering company and manufacturer of motion control products including electromagnetic clutches and brakes, and Placid Industries, a manufacturer of magnetic particle brakes/clutches, hysteresis brakes and controls, have completed the integration of their businesses after a recent merger. Together, the companies can now offer OEMs a wider range of superior quality, low cost motion control solutions and application expertise.
Founded in 1973, Placid Industries was originally located in Lake Placid, NY, before relocating to SEPAC’s headquarters in Elmira, NY. Placid’s products are well known throughout the United States and Europe for tension control applications where unwinding/rewinding is required or in applications where torque needs to be controlled independent of RPM. Placid Industries also has the capability to package entire systems which may include a brake or clutch, power supply and potentiometers or ultrasonic sensors for live feedback.
“We are enormously excited to scale our business with the iconic Placid Industries brand,” said John Meier, president of SEPAC. “Our strategic acquisition and integration builds out our product line across the full range of the clutch and brake spectrum, brings superior product performance with our proprietary de-cogging technology for smooth running torque, provides the best pricing in the market, and ships same day for rapid turnaround.”
“Placid brings more than 50 years of strong technical product performance and applications expertise with a diversified, global customer base on a recurring revenue business model built on rapid deliveries and responsive customer service,” said Lonnie Reid, Placid Industries. “We look forward to leveraging SEPAC’s robust engineering resources and market footprint to grow our respective franchises together as one leader in motion control.”