Ferguson’s largest acquisition in years would add approximately $1 billion in annual revenue, more than 60 locations and extensive valve automation, repair and technical capabilities — significantly expanding its position in industrial flow control markets.
Latest In Power Transmission/Motion Control
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TIC has appointed an 18-year company veteran to lead its Motors & Drives sales efforts, succeeding longtime leader John O’Brien.
The industrial hose, hydraulics and fluid sealing products distributor opened a Nevada DC to support faster service and expanded product availability across the Western U.S.
Motion Control & Enterprises adds Florida-based Tripp Electric Motors to expand its repair and maintenance capabilities in the state’s water and wastewater markets.
Newly-formed ICS supplies speed drives, belt and chain drives, motors, shaft couplings, u-joints and specialty chemicals in Western Michigan.
Adding five Dallas-Ft. Worth-area locations, the move strengthens MCE's hydraulic repair capabilities and enables it to better serve the full lifecycle, fluid power needs of customers.
Japan-based NSK and NTN announced plans to pursue a business integration through a joint holding company, a move that would create one of the world’s largest bearing and power transmission suppliers with combined annual revenue approaching $12 billion.
The move will strengthen Singer's capabilities in conveyor system design, maintenance, and material handling solutions across key industrial markets.
Gates hopes to broaden its channel and application coverage, while Timken expects the move will improve margins.
The company’s January-March results indicated demand momentum. Meanwhile, Applied raised its annual outlook.
Fairport, NY-based WorldWide Electric Corporation specializes in the manufacturing of electric motors, motor controls, gear reducers and generators.
The electric motor and air moving subsystems maker named longtime Schneider exec Aamir Paul as CEO, signaling continued focus on automation, electrification and power transmission — key markets for fluid power and hose & rubber distribution channels.
The acquisition expands Tencarva's reach in municipal end markets in Texas and Oklahoma.
As a 27-year company veteran, he served as president since late 2020.
The two facilities join a network of 14 established Motion branches across Mexico.
The company believes the aquisition will strengthen its presence in the American portable compressor market and extend its reach in oil and gas applications.
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The move will provide resources and strategic support for Depatie stay on the front of motion control and automation.
Tencara adds product depth and technical expertise to serve Western Pennsylvania, Eastern Ohio and West Virginia.