01. Motion Industries - Top Power Transmission/Bearings Distributors
Headquarters: Birmingham, AL
2017 Revenue: $1,767,000,000
16:17 Change: 3.05%
2016 Revenue: $1,714,658,440
Locations: 14 Distribution Centers, 498 Branches, 43 Service Centers
Key Executives: Timothy P. Breen, President & CEO; Randall P. Breaux, EVP; Kevin P. Storer, EVP
Motion Industries and its power transmission and bearings product lines were enhanced in 2017 by two acquisitions.
In October, Motion acquired Apache Inc., a distributor of industrial hose and belting based in Cedar Rapids, IA. Apache has seven U.S. locations and specializes in fabricating belts, hoses, cut and molded products.
Another acquisition was in August when Motion bought Los Angeles-based Numatic Engineering.
“The acquisition of Numatic Engineering continues to build upon and complement our growth strategy in the area of industrial plant floor automation,” said Tim Breen, president and CEO of Motion. “Numatic Engineering will be operated as part of Motion's Automation Solutions group.”
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