Motion Industries Inc. has signed a definitive purchase agreement to acquire the operating assets of U.S.-based International Conveyor and Rubber (ICR). The transaction is expected to close at the end of December 2024, subject to customary closing conditions.
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Motion Announces Executive Promotion
Maintenance, repair and operation replacement parts distributor Motion Industries Inc. promoted Eric Gonzalez to senior vice president of Mexico, Canada, industry segments and business development, effective immediately. Throughout his 26-year career at Motion, Gonzalez has excelled in numerous roles. He began as a corporate trainee and has held positions as an outside sales representative, branch manager, fluid power specialist, automation…
Read MoreMotion Expands Further in Canada with Stoney Creek Acquisition
Motion Industries Inc., a distributor of maintenance, repair and operation replacement parts, and a premier provider of industrial technology solutions, signed a definitive purchase agreement to acquire the operating assets of Canadian-based Stoney Creek Hydraulics. The transaction is expected to close at the end of October, subject to customary closing conditions. Founded in 1998, Stoney Creek Hydraulics specializes in hydraulic…
Read MoreMotion Acquires Two Canadian Companies
Motion Industries Inc. has signed a definitive purchase agreement to acquire the operating assets of Perfetto Manufacturing and SER Hydraulics. Subject to customary closing conditions, the transaction is expected to be finalized at the end of February. The affiliated organizations are well-established, with Perfetto in business since 1986 and SER Hydraulics since 1978. Located in Sudbury, Ontario, Canada, each has…
Read MoreMotion Industries Names Esposito Group Vice President
Motion Industries Inc. named Mike Esposito to group vice president, Motion Automation Intelligence, effective immediately. Most recently, Esposito served as director of Motion Automation Intelligence’s Engineering Assembly Solutions (EAS), having joined Motion as part of the Kaman Distribution Group (including Kaman Automation) acquisition. With more than 25 years in industrial automation and manufacturing, he has developed a systems approach along with…
Read MoreMotion Announces Executive Appointments
Motion Industries Inc. announced the promotions of Joe Limbaugh to executive vice president – chief operations officer; and James Howe to executive vice president – chief commercial officer/chief technology officer, effective June 1. Both will continue to report to Motion’s president, Randy Breaux. This year, Limbaugh will celebrate 40 years with Motion. In 2021, he was promoted to executive vice…
Read MoreMotion Launches Mi Fluid Power Solutions Brand
Motion Industries Inc., a distributor of maintenance, repair and operation replacement parts, and a premier provider of industrial technology solutions, announced the formation of its fluid power business brand: Mi Fluid Power Solutions (Mi FPS). Unifying top tier fluid power business units – including the former Kaman Fluid Power divisions of BW Rogers, Catching FluidPower, Intellimotion, Calkins Fluid Power, Northwest…
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