Motion Industries Makes Acquisitions
Motion Industries, Inc., has entered into agreements to acquire Canadian-based TRC Hydraulics, and F&L Industrial Solutions, Inc. Both transactions closed August 1.
Since 1986, TRC Hydraulics has served the Atlantic Canada region with several full-service sales and repair facilities in Canada. It distributes lines of hydraulic products, as well as manufactures, and maintains hydraulic components and systems. TRC also engineers customized hydraulic and mechanical solutions, and offers services of experienced fabricators, welders, machinists, and hydraulic technicians.
“This is a fantastic opportunity to grow our business with a leading company that shares the same core values as we do,” said Terry Coyle, President and CEO, TRC. “We look forward to leveraging the many resources that Motion Industries offers and enhancing our services to provide greater value to our customers.”
San Diego-based F&L Industrial Solutions has served the southwest U.S. with full-service aluminum extrusion components since 2002
“We are pleased to welcome these outstanding organizations, TRC Hydraulics and F&L Industrial, to the Motion family,” said Randy Breaux, President, Motion Industries. “TRC gives us the opportunity to expand our hydraulics business in the Atlantic Canada markets. And with its aluminum extrusion niche, F&L will nicely supplement our Mi Automation Solutions Group. We look forward to working with the talented people of both companies to grow our market footprint and build on our industry-leading position, creating even more value for our customers in the coming years.”