The 2020 Mid-Year Economic Update_long

Ohio Transmission Corp. Acquires PumpTek

Acquisition strengthens Ohio Transmission Corp.'s Midwest footprint.

Ohio Transmission Corp., Columbus, OH, has acquired PumpTek LLC, Monroe, OH. PumpTek specializes in pumps with seal-less technology. The company will operate as a division of OTP Industrial Solutions, which provides expert solutions for industrial motion control, fluid power, power transmission and pumping systems.

“The company, founded by Tim Marklay and Scott Sapita, has a sales presence in much of OTC’s current footprint, including Ohio, Indiana, Kentucky and Pittsburgh," said Phil Derrow, president and CEO of Ohio Transmission Corp. "PumpTek has significant expertise in magnetic drive (mag-drive), or seal-less, pumps from Innomag, one of the premier mag-drive lines and now part of the Flowserve portfolio. OTC will be able to leverage this expertise across most of our territory and customer base.”

With this acquisition, Ohio Transmission Corp. now has 24 locations throughout the Midwest, South and the Northeast, along with eight service shops. The addition of PumpTek’s associates brings Ohio Transmission Corporation’s existing workforce to more than 650 employees.

About the Author
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

By subscribing, you are agreeing to MDM’s Privacy Policy.
Social Media Auto Publish Powered By : XYZScripts.com