Motion Industries to acquire Ohio company

Aug. 25, 2015

BIRMINGHAM, Ala. — Aug. 24, 2015 — The business custom-designs abrasive systems and distributes abrasive products, tools and related machinery.

BIRMINGHAM, Ala. — Aug. 24, 2015 — Motion Industries will close a deal to acquire Lake Erie Abrasive & Tool (LEA&T) in early September, according to a press release.

Headquartered in Euclid, Ohio, LEA&T custom-designs abrasive systems and distributes abrasive products, tools and related machinery, noted the release. LEA&T has two additional locations in Greer, South Carolina, and Howell, Michigan.

“We are very excited to become part of Motion Industries and to be able to leverage the added strength that the company’s brand provides,” said Allen Howell, president of LEA&T, in the release. “It will be a good fit with customer relationships, which for both companies are built on a platform of trust, performance, and satisfaction.”

“We are thrilled about gaining LEA&T’s technical expertise in the abrasives category, which will help broaden Motion Industries’ services even more in this product area," added Tim Breen, president and CEO of Motion Industries. "We want to welcome all LEA&T employees to the Motion family, and we look forward to the contributions they will make to our Company in the years to come.”

Motion Industries is a wholly owned subsidiary of Genuine Parts Company, stated the release. It generates annual sales of $4.8 billion and serves more than 150,000 customers from several industries.

You can find the entire release here.

Sponsored Recommendations

NFPA 70B a Step-by-Step Guide to Compliance

NFPA 70B: A Step-by-Step Guide to Compliance

How digital twins drive more environmentally conscious medium- and low-voltage equipment design

Medium- and low voltage equipment specifiers can adopt digital twin technology to adopt a circular economy approach for sustainable, low-carbon equipment design.

MV equipment sustainability depends on environmentally conscious design values

Medium- and low voltage equipment manufacturers can prepare for environmental regulations now by using innovative MV switchgear design that eliminates SF6 use.

Social Distancing from your electrical equipment?

Using digital tools and apps for nearby monitoring and control increases safety and reduces arc flash hazards since electrical equipment can be operated from a safer distance....