Ohio Transmission Corp. acquires Wisconsin, Minnesota companies

Acquisition of Furey Filter & Pump and PSI Engineering enhances pump, filtration, service and fabrication business

COLUMBUS, Ohio — June 18, 2019 — Ohio Transmission Corporation, an industrial equipment service provider and distributor headquartered in Columbus, Ohio, today announced the acquisition of Furey Filter & Pump and its subsidiary, PSI Engineering, two companies that together have 65 employees in Wisconsin and Minnesota.

Founded in 1956, Furey Filter & Pump, based in the Milwaukee, Wisconsin suburb of Germantown, has established itself as a premier resource for pumps, filtration, service and full-system engineering and fabrication, including certified welding capabilities. PSI Engineering, which was founded as Pumps & Supplies Inc., in 1974, was renamed after Furey Filter & Pump acquired the company in 2004. PSI, headquartered in the Minneapolis/St. Paul, Minnesota area, is an industrial equipment distributor for pumps, filters, mechanical seals and valves, and the company offers a full range of services to meet any repair of fluid-handling equipment.

“I am pleased to announce that OTC has acquired Furey Filter & Pump and their PSI Engineering division,” said Philip Derrow, President and CEO of Ohio Transmission Corp. “We are humbled to provide a great new home for the Furey and PSI associates.”

“Furey Filter & Pump and PSI Engineering have been well-respected solutions providers in their markets for several decades,” said Matt Piatt, COO and CFO of Ohio Transmission Corporation. “They have carved an excellent market position for themselves by providing exceptional customer service and superior engineering support to their customers over the years, and they have some unique capabilities to design and manufacture complete fluid-handling systems. The addition of Furey Filter & Pump and PSI Engineering to the OTC family will provide even better service and greater capabilities to all of our customers.”

The company will become a division of OTP Industrial Solutions, which provides technical sales and service for industrial automation, motion control, fluid power, pumps, spray finishing, sealant and adhesive application and power transmission systems and products. Furey Filter & Pump and PSI Engineering will continue to operate under their current names and with current management, including George Furey, president, and Jack Furey, vice president, who will both remain with the organization.

“Furey Filter & Pump and PSI Engineering will become an important part of our pump, filtration, service and fabrication business,” said Rob Webb, President of OTP Industrial Solutions. “I know that our shared commitment to providing customers with exceptional customer service, innovative solutions, products and service will make for a successful partnership.”

Becoming part of OTP Industrial Solutions will offer growth opportunities for Furey and PSI employees, customers and suppliers, according to George Furey.

“We strive to safely deliver quality products, engineering expertise and technical support as well as repair and field services to the market,” Furey said. “OTC provides resources that will enhance our ability to deliver those objectives. Our employees will also benefit from training and growth opportunities as well as the availability of marketing and sales tools for customer and project recognition. Ultimately, our customers will benefit from OTC’s commitment to providing the products and services that the customers need when they need them.”

With this acquisition, Ohio Transmission Corporation now has 37 locations throughout the South, Southeast, Midwest and Northeast regions, along with 18 service shops. The addition of Furey Filter & Pump and PSI Engineering associates expands Ohio Transmission Corporation’s existing workforce to nearly 1,000 employees.

To learn more about Furey Filter & Pump, visit the company website: https://fureyfp.com/. For more information about PSI Engineering, go to: https://www.psiengineering.net/.

Ohio Transmission Corporation announces passing of company founder, David Derrow

David Darrow

Ohio Transmission Corporation, an industrial equipment service provider and distributor headquartered in Columbus, Ohio, announced, with deepest regrets, the passing of company founder, David Derrow.

david darrow on cover ot pt distributor 1988

“Although David has not been active in Ohio Transmission Corporation for many years, the values that he instilled remain the foundation of how we work for our customers, suppliers and other associates,” said Matt Piatt, COO/CFO of Ohio Transmission Corp. “The impact that he made to those both within OTC and the broader distribution world will not soon be forgotten.”

In a 1999 interview with the Columbus Jewish Historical Society, Derrow said that after World War II, he went to work for his father-in-law, who was a partner in Bernstein Brothers Inc., a distributor of mechanical and electrical power transmission equipment, pumps and air compressors in Paterson, N.J. He eventually became vice president and general manager. In 1963, he moved his young family to Columbus, Ohio, where he built a thriving company now known as Ohio Transmission Corporation.

In the 1960s, the company had six employees. Ohio Transmission Corporation today has 37 locations throughout the South, Southeast, Midwest and Northeast regions, along with 16 service shops and has a workforce of more than 900 employees. His son, Philip Derrow, is President/CEO of Ohio Transmission Corp.

david darrow and family

David Derrow was active in serving the community, serving as president of the Columbus Jewish Community Center and president of the Columbus Jewish Historical Society. An online guestbook is available at www.epsteinmemorial.com.

Ohio Transmission Corporation acquires Grand Rapids company

Acquisition of Filter and Coating Technology, Inc., enhances industrial finishing and sealant/adhesive capabilities

COLUMBUS, Ohio — Feb. 11, 2019 — Ohio Transmission Corporation, an industrial equipment service provider and distributor headquartered in Columbus, Ohio, today announced the acquisition of Filter and Coating Technology, Inc., an industrial distributor of finishing, dispense solutions, and filtration products with 21 associates in Grand Rapids, Michigan.

Founded in 1984, Filter and Coating Technology, Inc. (FACT) represents a complete range of manufacturers in finishing, dispense and filtration. The company specializes in supplying a wide array of innovative solutions in paint, finishing, adhesives and coating operations, and serves customers primarily in Michigan, Indiana and Ohio.

“FACT has been a well-respected competitor in our markets for more than 30 years,” said Matt Piatt, COO and CFO of Ohio Transmission Corporation. “They have only continued to improve their market position by providing exceptional service to customers over the years. The addition of FACT to the OTC family will provide even better service and greater capabilities to all of our customers.”

The company will become a division of OTP Industrial Solutions, which provides technical sales and service for industrial automation, motion control, fluid power, pumps, spray finishing, sealant and adhesive application and power transmission systems and products. FACT will continue to operate under its name and with current local management, including Steve Workman, President, who will remain with and continue to lead the team.

“FACT will become an important part of our rapidly growing finishing, dispense and filtration business” said Rob Webb, President of OTP Industrial Solutions. “I know that our shared commitment to providing our customers with exceptional customer service, innovative solutions, products and service will make for a successful partnership.”

Becoming part of OTP Industrial Solutions will offer growth opportunities for FACT employees, customers and suppliers, according to Workman.

“Becoming part of OTP Industrial Solutions provides additional engineering, installation capabilities and additional products that will enable us to further our customers’ success,” Workman said. “At FACT, we are committed to our customers and suppliers, and we share in OTP’s core values of integrity, achievement, investment, and balance. Those shared values and the innovative solutions and products we can bring to the marketplace will make FACT a better company.”

With this acquisition, Ohio Transmission Corporation now has 37 locations throughout the South, Southeast, Midwest and Northeast regions, along with 16 service shops. The addition of FACT’s associates expands Ohio Transmission Corporation’s existing workforce of more than 900 employees.

To learn more about FACT, visit the company website: http://www.factinc.com.

Ohio Transmission Corporation acquires Louisville, Ky., company

Acquisition of Tape Industrial Sales, Inc.,
enhances industrial finishing and sealant/adhesive capabilities

COLUMBUS, Ohio — Oct. 2, 2018 — Ohio Transmission Corporation, an industrial equipment service provider and distributor headquartered in Columbus, Ohio, announces the acquisition of Tape Industrial Sales, Inc. The Louisville, Ky.- based company specializes in industrial finishing and sealant/adhesive applications.

Founded in 1975, Tape Industrial Sales, Inc., represents leading product lines in the fluid management industry. One of only three Graco-certified sealant and adhesive division technology centers, the company specializes in supplying the industry with paint, powder and sealant and adhesive application; and fluid management equipment, including fluid pumping, transferring, dispensing, metering and spraying equipment for paints, resins, adhesives, sealants, solvents, lubricants, inks, chemicals, foods and sanitary products. Tape Industrial Sales, Inc.’s corporate offices include a sealant/adhesive demonstration lab, warehouse parts department and complete repair service facility. The company serves customers in Michigan, Ohio, Indiana, Kentucky and Tennessee.

“I’ve known of Tape Industrial Sales, Inc., for more than 30 years,” said Philip Derrow, president and CEO of Ohio Transmission Corporation. “Tape has continued to be a strong competitor through the years with their exceptional service to customers. The addition of this strong team to the OTC family will provide even greater capabilities for all of our customers.”

The company will become a division of OTP Industrial Solutions, which provides technical sales and service for industrial automation, motion control, fluid power, pumps, spray finishing, sealant and adhesive application and power transmission systems and products. Tape Industrial Sales, Inc., will continue to operate under the same name and with current local management, including Ryan Tape, CEO, who will remain in a consulting role, and Ralph Ciolek, president, who will lead the team.

“Tape will become an important part of our rapidly growing finishing and dispense business,” said Rob Webb, president of OTP Industrial Solutions. “I know that our shared commitment to providing our customers with exceptional customer service, innovative solutions, products and service will make for a successful partnership.”

Becoming part of OTP Industrial Solutions will provide continued stability for Tape Industrial Sales employees, customers and suppliers, according to Ciolek.

“Tape has always been a value-added distributor, and we pride ourselves on service, support and training,” Ciolek said. “We also know these are similar core values to OTP, which made this a good match. Being part of OTP will also provide Tape with additional resources that will allow our sales force to offer a complete package to our customers.”

With this acquisition, Ohio Transmission Corporation now has 34 locations throughout the South, Southeast, Midwest and Northeast regions, along with 16 service shops. The addition of Tape Industrial Sales, Inc.’s associates, including a team of sales engineers, expands Ohio Transmission Corporation’s existing workforce of more than 900 employees.

“With this acquisition, Tape Industrial Sales, Inc., gains the strength of an industry leader like OTP, and our leadership team and employees will remain and keep their responsibilities,” said Ryan Tape. “The fit between OTP and TIS could not have been a better one, and I am excited and look forward to watching TIS continue to grow and succeed with the new opportunities this relationship will bring.”

To learn more about Tape Industrial Solutions, visit the company website: http://tapeindustrial.com.

Ohio Transmission Corporation acquires South Carolina company

Crimson Electric, electrical apparatus services and sales company, enhances electric motor repair product portfolio

COLUMBUS, Ohio — June 6, 2018 — Ohio Transmission Corporation, an industrial equipment service provider and distributor headquartered in Columbus, Ohio, announces the acquisition of Crimson Electric, Inc., a company located in South Carolina.

Founded in 1954, Crimson Electric is one of the leading electrical apparatus service centers in the Carolinas. The company specializes in the repair and testing of AC/DC motors, servo motors, pumps and gear reducers. Headquartered in Duncan, S.C., between Greenville and Spartanburg, the company’s facility includes state-of-the-art equipment for the comprehensive repair, engineering and testing of equipment.

“The southeastern United States is a rapidly growing industrial market, and Crimson Electric’s service focus provides a great opportunity to expand OTC’s geographic and product areas to better serve all of our customers,” said Phil Derrow, president and CEO of Ohio Transmission Corporation. “We have wanted to include electric motor repair in our product portfolio for many years and are excited to be able to do so with such a great company that has a long history of providing top-notch service to help their customers achieve success.”

Crimson Electric will continue to operate under the same name and with current local management. The company will become a division of OTP Industrial Solutions, which provides technical sales and service for industrial automation, motion control, fluid power, pumps, spray finishing, sealant and adhesive application, and power transmission systems and products. Crimson Electric owner, Charles Wilson, and his wife, Debbie, will continue to stay with the company through the transition of ownership.

With this acquisition, Ohio Transmission Corporation now has 33 locations throughout the South, Southeast, Midwest and  Northeast regions, along with 14 service shops. The addition of Crimson Electric’s associates will expand Ohio Transmission Corporation’s existing workforce of more than 900 employees.

“The addition of Crimson Electric provides a great advantage to the OTP family as we expand our capabilities in electro-mechanical apparatus repair and service,” said Rob Webb, president of OTP Industrial Products. “Crimson Electric’s associates are highly trained and accustomed to working in a focused, customer-driven climate. Our customers continue to look to us for full-service solutions,  and Crimson Electric can take care of everything from electrical apparatus repair to machine work, and they have an extensive product inventory of motors, parts, gear reducers and controls.”

As a division of OTP Industrial Solutions, Crimson Electric will have access to OTC’s vast product and service offerings and support resources. The acquisition provides significant growth opportunities for the associates of all of the companies and will provide customers with a more comprehensive set of technical solutions.

“As part of the OTP family, Crimson Electric will offer more resources, products and services to our customers,” said Charles Wilson. “Our team, which is staying on, brings a wealth of knowledge to the motor repair industry by reducing interruption of operations for our customers, reducing downtime and providing value-added services and products.”

About Crimson Electric

Crimson Electric, founded in 1954 in Duncan, S.C., and grew to become one of the leading electrical apparatus service centers in the Carolinas. Charles and Debbie Wilson purchased the company in 1994 and continued to lead the company in growth and development of highly trained associates. From its beginning, Crimson Electric has focused on the repair and service of electric motors. The company has a complete in-house machine shop with trained technicians who can perform precision dynamic balancing, vibration analysis and factory authorized modifications. The company’s facility also houses an extensive product inventory of motors, parts, gear reducers and controls. For more information, visit www.crimsonelec.com.

Ohio Transmission Corporation acquires PK Controls, Inc.

Recent acquisition enhances OTC’s capabilities in complex automation solutions

COLUMBUS, Ohio — Nov. 9, 2017 — Ohio Transmission Corporation, an industrial equipment service provider and distributor headquartered in Columbus, Ohio, announces the acquisition of PK Controls, Inc.

PK Controls, Inc., located in Plain City, Ohio, is a leading engineering and services company that specializes in factory automation and controls. PK Controls’ extensive full-service, technical experience in customizing automation solutions for customers from start to finish made the company a good match for Ohio Transmission Corporation.

“PK Controls’ team of 74 associates — including 10 engineers, 47 field technicians, as well as shop and installation technicians — significantly enhances Ohio Transmission Corporation’s capabilities across our entire product portfolio,” said Phil Derrow, president and CEO of Ohio Transmission Corporation. “Our customers continue to favor supplier-partners with the resources to help them improve their processes and solve problems rather than merely supplying parts, and PK Controls can handle everything from simple control panel design-build to complex automation and field service solutions.”

Matt Patel, the owner of PK Controls, will continue to stay with the company and lead the team. PK Controls will continue to operate under the same name but as a division of OTP Industrial Solutions, which provides technical sales and service for industrial automation, motion control, fluid power, pumps, spray finishing, sealant and adhesive application, and power transmission systems and products.

PK Controls provides all elements of the automation industry with a large array of highly-skilled, technical services to a wide variety of industrial clients. Some of these services include the engineering, design and installation of process systems; control panel fabrication; plant equipment; and systems installation and industrial maintenance.

With this acquisition, Ohio Transmission Corporation now has 30 locations throughout the South and the Midwest and Northeast regions, along with 14 service shops. The addition of PK Controls’ 74 associates brings Ohio Transmission Corporation’s existing workforce to almost 900 employees.

“The addition of PK Controls to the OTP family is a great fit, as we continue to expand our electrical and automation capabilities,” said Rob Webb, president of OTP Industrial Products. “PK engineers, installation and service technicians and all of their leadership and support associates are highly trained and experienced with a history and continuing commitment to delivering expert solutions to customers on time and on budget. Their emphasis on customer service and high quality are a perfect fit to help OTP deliver what matters most to our customers.”

As a division of OTP Industrial Solutions, PK Controls will have access to OTC’s vast product and service offerings and support resources. The acquisition provides significant growth opportunities for the associates of all of the companies and will provide customers with a more comprehensive set of technical solutions.

“This acquisition allows PK Controls and its employees to continue to be part of a family-oriented company while also providing expanded opportunities for additional training and development for our employees and growth for PK Controls outside of our present geographical location,” said Patel, owner and co-founder of PK Controls. “Because our entire team is staying on, our customers will continue to see the same management and same quality they have come to expect from PK Controls.”

Simplify Your Finishing Needs with Carlisle Fluid Technologies

Carlisle Fluid Technologies- Finishing Brands

At OTP, we understand how challenging finishing applications can be. That is why we keep a highly seasoned team of Technical Support Representatives and Engineers who have designed and executed some of the largest and most complex turnkey systems for customers in a wide variety of industries. With partners like Carlisle Fluid Technologies, OTP can offer a complete range of finishing equipment to suit your specific requirements.

If your process calls for powder coating, spraying, pumping, mixing, metering or curing of a variety of coatings, Carlisle Fluid Technologies offers five finishing equipment brands:

  • Binks® atomization and fluid handling
  • DeVilbiss® atomization
  • MS Powder coating equipment and systems
  • BGK® curing and controls

Each brand is designed and built to provide finishing solutions with long-term value.

A reputation for innovation

Carlisle Fluid Technologies invests heavily in research and development, and works closely with leading paint companies and specialists in surface coatings to ensure consistent finish standards. In fact, much of the new technology in spray finishing can be attributed to the company’s forward-thinking practices.

Decades of experience

Together, Carlisle Fluid Technologies’ brands offer 375 years of experience in paint application, fluid handling and surface coating technology. This depth of knowledge means that Carlisle clients can rest easy that a Carlisle Fluid Technologies product is built to last and will provide real and sustainable return on investment.

Solutions for every market

As a supplier for all major manufacturing industry sectors, Carlisle Fluid Technologies provides solutions for a variety of finishing needs. A short list of markets that the company serves includes:

  • Aerospace
  • Automotive
  • Consumer goods
  • Military and defense

OTP is committed to offering the finest products in the industry and providing customer service second to none. For more information on Carlisle Fluid Technologies products and how they can help you take your finishing solutions to the next level, contact an OTP expert today.

Links:

Carlisle Fluid Technologies: https://www.carlisleft.com/en/home/industrial

Contact: http://otpnet.com/contact-us/

OTP: http://otpnet.com/

Ohio Transmission Corporation acquires assets of Tri-Power MPT

Acquisition strengthens industrial distribution presence in Akron

COLUMBUS, Ohio — April 26, 2017 — Ohio Transmission Corporation, an industrial equipment distributor and service provider headquartered in Columbus, Ohio, announces the acquisition of the assets of Tri-Power MPT, Inc., which has a single location headquartered in Akron, Ohio.

Tri-Power MPT, Inc., distributes automation, electrical, power transmission, motion control and safety products, primarily in the northern Ohio industrial markets. Founded in 1954, the company has received recognition by Industrial Distribution as one of the Top 50 small distributors in North America. Tri-Power MPT is one of the principal independent distributors for many of the core product lines that it represents.

Tri-Power MPT maintains a diverse customer base in a variety of industries, including food processing, automotive, Amish manufacturing, glass, medical, packaging, plastics, stamping, steel, tire and rubber.

“Like OTC, a key differentiator for Tri-Power is to be considered experts in the products they represent, a responsibility their 14 associates take to heart,” said Phil Derrow, president and CEO of Ohio Transmission Corporation. “Most importantly with all of our acquisitions, we welcome the addition of new associates to our team. OTC is a people-focused business with product and service experts who know how to help customers find the right solutions. Our 14 new associates in Akron are excited to join our fast-growing company and we’re excited to work with them.”

With this acquisition, Ohio Transmission Corporation now has 29 locations throughout the South and the Midwest and Northeast regions, along with 12 service shops. The addition of Tri-Power MPT’s 14 associates brings Ohio Transmission Corp.’s total employment to 800 employees.

“Tri-Power is an excellent strategic fit that further enhances our ability to provide value and technical expertise to our customers in northern Ohio,” said Matt Piatt, COO and CFO of Ohio Transmission Corporation. “We are pleased to welcome the Tri-Power associates to the OTC family.”

“While OTP has offices in northeastern Ohio and Pittsburgh, the addition of Tri-Power MPT provides us with a dedicated team in the Akron market and strengthens our presence in that area,” said Rob Webb, president of OTP Industrial Solutions. “Our customers value the expertise of our associates and the professionalism we bring to every relationship. The associates of Tri-Power MPT will be an excellent addition to help us deliver outstanding service and products to northern Ohio.”

The acquisition of the assets of Tri-Power MPT will expand OTP’s product line offerings. In turn, Tri-Power MPT, as a branch of OTP Industrial Solutions, will have access to OTC’s vast product and service offerings and support resources. The acquisition provides significant growth opportunities for Tri-Power MPT’s associates and will provide its customers with a more comprehensive set of technical solutions.

“I’ve known OTC for as long as I’ve been in this business, and they share our values of commitment to product expertise and integrity in all they do,” said Ric Wiley, president of Tri-Power MPT, Inc. “They represent the very best opportunity for growth for the associates of Tri-Power MPT to continue to do what they do best every day.”

Ohio Transmission Corporation acquires assets of New Jersey branch of Argo International Corp.

Acquisition expands presence in the Northeast region, fits perfectly with OTC’s industrial pump, electrical, and service and repair businesses

COLUMBUS, Ohio — January 30, 2017 — Ohio Transmission Corporation, an industrial equipment distributor and service provider headquartered in Columbus, Ohio, announces the acquisition of the assets of the Somerset, N.J. branch location of Argo International Corporation.

The New Jersey branch of Argo International Corp., is an industrial distributor focused on the industrial markets for pumps, repairs, and electrical products. The Somerset, N.J., branch will operate as a branch location of OTP Industrial Solutions, which provides expert solutions for industrial pumps, electrical, motion control, fluid power, spray finishing, and power transmission systems.

“Argo New Jersey is a strong Flowserve pump and repair distributor that expands our presence in the densely populated Northeast United States and is a perfect fit with our industrial pump, electrical, and service and repair businesses,” said Phil Derrow, president and CEO of Ohio Transmission Corporation. “Most importantly with all of our acquisitions, we welcome the addition of new associates to our team. OTC is a people-focused business with product and service experts who know how to help customers find the right solutions. Our eight new associates in New Jersey are excited to join our fast-growing company and we’re excited to work with them.”

With this acquisition, Ohio Transmission Corporation now has 28 locations throughout the South and the Midwest and Northeast regions, along with 12 service shops. The addition of Argo’s eight associates brings Ohio Transmission Corp.’s total employment to more than 780 employees.

“The addition of Argo in New Jersey reinforces OTP’s commitment to our pump, electrical, and service and repair business and strengthens our presence in the Northeast in conjunction with our Ohlheiser fluid power and automation-focused branch in Newington, Conn.,” said Rob Webb, president of OTP Industrial Solutions. “Our customers value the expertise of our associates and the professionalism we bring to every relationship. The associates of Argo N.J., are a perfect fit to help OTP deliver what matters most to our customers.”

As a branch of OTP Industrial Solutions, Argo N.J., will have access to OTC’s vast product and service offerings and support resources. The acquisition provides significant growth opportunities for Argo’s associates and will provide its customers with a more comprehensive set of technical solutions.

“Joining with OTP is exactly the right choice for our team and I couldn’t think of a better partnership,” said Anne Russell, General Manager of Argo N.J. “I’ve known OTP for more than 20 years when I was national manager for distribution with Flowserve Corp. They have always been a highly professional and customer-focused company, and their commitment to investment and growth will be great for our customers and associates.”