The acquisition is the company’s biggest foray yet into the industrial supply sector. Motion also purchased Wichita, KS-based general-line distributor Hub Supply Inc. in 1998.
Lewis Supply’s general mill supply product offering includes casters, cutting tools, fluids, machinery accessories, power transmission, material handling, precision measurement and safety products. The company also provides integrated supply capabilities to a segment of its customer base.
“This strategic move is a continuation of our expansion plans, and we are pleased to have Lewis Supply join our organization,” said Motion President and CEO Bill Stevens.
Lewis Supply was founded in 1916 by T. Walker Lewis in Helena, AR. The company was later acquired by Setech Corporation in 1997 and grew to its current branch and integrated supply operation, employing 102 people in four facilities: Jackson, TN; Corinth, MS; Madison (Nashville), TN; Memphis, TN, and its integrated supply locations.
With 2005 sales of $2.8 billion, Motion Industries is a distributor of bearings; mechanical, industrial automation, electrical, pneumatic, and hydraulic power replacement parts; hose and rubber products; and industrial supply products. Motion Industries has more than 460 operations including nine distribution centers throughout North America and serves more than 150,000 customers from the automotive, chemical, food and beverage, wood and lumber, iron and steel, pulp and paper, and pharmaceutical industries.
Motion Industries is a wholly owned subsidiary of Genuine Parts Company.
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