Ohio Transmission acquires Filter and Coating Technology
Ohio Transmission Corporation announced the acquisition of Filter and Coating Technology Inc., a Grand Rapids, Michigan-based industrial distributor of finishing, dispense solutions, and filtration products.
Founded in 1984, Filter and Coating Technology Inc. (FACT) represents a complete range of manufacturers in finishing, dispense and filtration. The company specializes in supplying a wide array of innovative solutions in paint, finishing, adhesives and coating operations, and serves customers primarily in Michigan, Indiana and Ohio.
“FACT has been a well-respected competitor in our markets for more than 30 years,” said Matt Piatt, COO and CFO of Ohio Transmission Corporation. “They have only continued to improve their market position by providing exceptional service to customers over the years. The addition of FACT to the OTC family will provide even better service and greater capabilities to all of our customers.”
The company will become a division of OTP Industrial Solutions, which provides technical sales and service for industrial automation, motion control, fluid power, pumps, spray finishing, sealant and adhesive application and power transmission systems and products. FACT will continue to operate under its name and with current local management, including Steve Workman, president, who will remain with and continue to lead the team.
“FACT will become an important part of our rapidly growing finishing, dispense and filtration business” said Rob Webb, president of OTP Industrial Solutions. “I know that our shared commitment to providing our customers with exceptional customer service, innovative solutions, products and service will make for a successful partnership.”
INDUSTRIAL SUPPLY MAGAZINE
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