OTC Acquires American Industrial Corporation

The Columbus-based industrial distributor formerly known as Ohio Transmission Corp. announced the acquisition Wednesday.
On July 19, Lohr am Main, Germany-based mobile and industrial hydraulics manufacturer Bosch Rexroth, a subsidiary of Bosch, announced the acquisition of fluid power distributor HydraForce.

OTC Industrial Technologies — a Columbus-based industrial distributor and service provider previously known as Ohio Transmission Corporation — has acquired American Industrial Corporation.

Financial terms were not disclosed.

AIC, headquartered in Greenwood, Indiana, is a provider of liquid and powder finishing equipment, dispense application products and filtration products in the Midwest. The company has one sales and field service location serving customers in Illinois, Indiana, Iowa, Kansas, Kentucky, Tennessee, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota and Wisconsin.

AIC has approximately 50 employees.

“For its over 50-year history, American Industrial Corporation (AIC) has served its finishing and powder coating customers with leading application knowhow, equipment systems design, fabrication and installation support,” said Bob Wilson, president of finishing, dispensing and filtration for OTC. “This acquisition is a key part of our strategy to expand our technical sales and service capabilities. We are excited to have AIC team join our family of OTC companies.”

Related Posts

About the Author
Recommended Reading
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.

2

articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to mdm.com, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

Subscribe to continue reading

MDM Premium Subscribers get:

  • Unlimited access to MDM.com
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events

1

article
left

You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on mdm.com
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.

Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.

Register for full access