Motion Industries to acquire Miller Bearings
Motion Industries has agreed to acquire Miller Bearings Inc., headquartered in Orlando, Fla., in the first quarter of 2015.
Miller Bearings is one of the leading independent distributors in the state of Florida for industrial MRO products, including bearings, power transmission products, fluid power, electrical and automation components, as well as safety and industrial supplies. Miller’s customers represent a broad cross-section of industries in the state, which are presently being served from 17 locations.
“Miller has been in business for 67 years, employing more than 130 people. We are very excited to become part of Motion Industries and the opportunities for growth that will be available to our talented team,” said William “Bill” Bieberbach, president and CEO of Miller Bearings.
Tim Breen, president and CEO of Motion Industries, added, "The addition of Miller Bearings better positions Motion Industries for continued growth in the Southeast. We want to welcome all of the Miller Bearings employees to the Motion family and we look forward to the contributions they will make to our company in the years ahead."
INDUSTRIAL SUPPLY MAGAZINE
The March/April issue of Industrial Supply magazine features an in-depth cover story about Joyce Lansdale and Vallen. Plus, we're featuring articles by contributing writers Dirk Beveridge, Frank Hurtte, and David Kahle, as well as interviews with numerous product and distribution industry experts.
