07. OTP Industrial Solutions - Top Power Transmission/Bearings Distributors
Headquarters: Columbus, OH
2017 Revenue: $301,000,000
16:17 Change: N/A
2016 Revenue: N/A
Key Executives: Phil Derrow, President & CEO
OTP has been active in acquisitions over the years and 2017 was no exception. Three acquisitions were made: PK Controls, Tri-Power MPT (both Ohio-based) and Argo International of New Jersey.
PK Controls deals in controls and factory automation selling to the material handling, OEM and automotive industries.
Tri-Power MPT is a distributor of automation, electrical, PT, motion control and safety products. Its customer base includes automotive, glass, medical, food processing and medical.
Argo International distributes pumps, parts, monitoring and control systems and related accessories. It services industries such as chemical, construction, marine, food and beverage and pharmaceutical.
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