Motion Industries Expands into Alaska
The acquisition of Oil & Gas Supply expands their MRO footprint into the Northwest.
Posted: February 9, 2015
Motion Industries, Inc. (Birmingham, AL) a wholly-owned subsidiary of Genuine Parts Company, is proud to announce the purchase of Oil & Gas Supply Company (Anchorage, AK). The acquisition was finalized on February 2, 2015.
Oil & Gas Supply has two locations in Alaska – Anchorage and Kenai – providing industrial and hydraulic fluid power hoses, fitting and repair services, as well as tank truck parts to the oil and gas industry. This purchase expands Motion Industries’ Northwest footprint, serving industries including mining, construction, and fishing, in addition to oil and gas.
According to Tim Breen, the president and chief executive officer of Motion Industries, “The addition of Oil & Gas Supply provides an expansion of products, services, and value for customers in Alaska, an important area for our company’s 49-state coverage. We are happy to have them as part of our team.”
With annual sales of $4.5 billion, Motion Industries is a leading industrial parts distributor of bearings, mechanical power transmission, electrical and industrial automation, hydraulic and industrial hose, hydraulic and pneumatic components, industrial products, safety products, and material handling. The company has over 550 operations including 15 distribution centers throughout North America and serves more than 150,000 customers from the food and beverage, pulp and paper, iron and steel, chemical, mining and aggregate, petrochemical, automotive, wood and lumber, and pharmaceutical industries.
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