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In The News:

Ohio Transmission Corporation Acquires Two Midwest Companies

Ohio Transmission Corporation, an industrial equipment service provider and distributor headquartered in Columbus, Ohio, has acquired Furey Filter & Pump, Milwaukee, and its subsidiary, PSI Engineering, Minneapolis. Terms of the transaction were not disclosed.

 Furey Filter & Pumphas established itself as a premier resource for pumps, filtration, service and full-system engineering and fabrication, including certified welding capabilities. PSI Engineeringis an industrial equipment distributor for pumps, filters, mechanical seals and valves, and the company offers a full range of services to meet any repair of fluid-handling equipment.

The acquisitions enhance OTC’s pump, filtration, service and fabrication business.

The company will become a division of OTP Industrial Solutions, which provides technical sales and service for industrial automation, motion control, fluid power, pumps, spray finishing, sealant and adhesive application and power transmission systems and products. Furey Filter & Pump and PSI Engineering will continue to operate under their current names and with current management, including George Furey, president, and Jack Furey, vice president, who will both remain with the organization.

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