OHIO TRANSMISSION CORPORATION ACQUIRES OHLHEISER CORPORATION

Ohio Transmission Corporation expands to the Northeast in industrial equipment market

Ohlheiser Corporation acquired by Ohio Transmission Corporation

COLUMBUS, Ohio—December 11, 2014—Ohio Transmission Corporation, an industrial equipment service provider and distributor headquartered in Columbus, Ohio, announces the acquisition of Ohlheiser Corporation, an industrial automation distributor based in Newington, Conn., with sales territories throughout all of New England and eastern New York. The acquisition will expand Ohio Transmission Corporation’s geographical reach, and the Newington location will join 22 other locations throughout the Midwest and South.

“Ohlheiser has a rich history and outstanding associates with excellent customer relationships,” said Phil Derrow, President and CEO of Ohio Transmission Corporation. “This new addition to the Ohio Transmission Corporation family will strengthen our ability to serve customers and provide opportunities for associates of both companies.”

With the acquisition, Ohio Transmission Corporation will also add all 40 of Ohlheiser’s associates to its existing workforce of more than 550 employees and will continue to provide quality products from leading industrial automation manufacturers, including SMC, Gast, Epson, Baumer, Panasonic and Turck. Ohlheiser’s product lines include pneumatics, vacuum, fluid power, robotics, motion control, sensing, safety, machine vision and ID, UV curing and aluminum extrusion, with which it has been supplying its customers for more than 50 years.

Ohlheiser Corporation will become a subsidiary of Ohio Transmission Corporation and will benefit from its vast product and service offerings and resources. The acquisition provides ample growth opportunities and will provide Ohlheiser’s large customer base with a more comprehensive set of technical solutions.

About Ohio Transmission Corporation
Established in 1963, Ohio Transmission Corporation is one of the largest industrial distributors and service providers in the United States. Its divisions include OTP Industrial Solutions, a provider of expert solutions for industrial motion control, fluid power, power transmission and pumping systems, and Air Technologies®, a compressed air system equipment and service provider and the largest distributor of Atlas Copco compressed air equipment in North America. Ohio Transmission Corporation is a partially employee-owned company that maintains locations throughout the Midwest and South. Ohio Transmission Corporation’s 500 associates share its founding vision of delivering excellent value through work with integrity. For more information, please visit www.otpnet.com and www.aircompressors.com.

About Ohlheiser Corporation

Ohlheiser Corporation operates out of a single location in Newington, Conn., and services markets in the Northeast, including Connecticut, Rhode Island, Massachusetts, New Hampshire, Vermont, Maine, and eastern New York. Ohlheiser was founded in 1960, focused on being the leader in providing outstanding customer service, engineering and technical support. Ohlheiser is a very successful and well-respected technical distributor of pneumatic, vacuum, robotic and industrial automation products. For more information, please visit www.ohlheiser.com.