Motion Industries Acquires Hydraulic Supply Company
Founded in 1947, Hydraulic Supply Company is a full service distributor, offering customers a wide selection from over 8,000 hydraulic, pneumatic, and industrial products.
Oct. 9, 2018 - Motion Industries announced that it has acquired Florida-based Hydraulic Supply Company (HSC), a full service distributor with a wide selection of hydraulic, pneumatic, and industrial products.
Terms of the deal, which was completed on October 1, were not disclosed.
Jim Inglis, HSC CEO, said, "I'm grateful to see our company able to continue growing as a division of Motion Industries — a great cultural fit and shared values,” said Jim Inglis, CEO of HSC. “I'm extremely thankful for all that the Hydraulic Supply Company team members have done for me, my family and for each other over the last 71 years.”
Founded in 1947, HSC is a full service distributor, offering customers a wide selection from over 8,000 hydraulic, pneumatic, and industrial products. Its team of experienced technicians provide a wide variety of services including hydraulic repair, hose assembly and kitting, tube bending and flaring, and manual valve assembly.
"We are pleased to welcome HSC to the Motion team," said Kevin Storer, Executive Vice President U.S. Operations and President of Motion Mexico. "The addition of HSC further expands our reach and commitment to Motion's customers in the fluid conveyance channel."
Headquartered near Miami, Florida, HSC serves customers throughout and beyond its 30-location footprint, mainly in the Southeast United States. HSC also conducts international sales through its office in Monterrey, Mexico.
With annual sales of $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. To learn more, please visit: www.MotionIndustries.com.
SOURCE: Motion Industries, Inc.