Triad Technologies acquires Pennington Rubber
Triad Technologies, a distributor of fluid power and automation products, has acquired the Pennington Rubber Company and its in-house affiliate OEM Hose and Services Inc.
Pennington Rubber Company is headquartered in Cincinnati, where it has served regional customers for over 50 years.
Pennington Rubber Company is a full-line industrial hose and accessory distributor that supplies products to both original equipment manufacturers and end users. Pennington operates as a certified cut-and-couple hose assembler for Goodyear Engineered Products and provides customized solutions for industrial, mobile and institutional customers.
“Pennington is a very appealing add-on with a great customer base. We can now offer an expanded line of industrial hose products, backed by best-in-class service, across our entire territory,” said Doug Wissman, president and CEO of Triad Technologies. “Our customers depend on us to provide the products and services that keep their businesses running. With the addition of Pennington, Triad enhances its ability to serve its customers and grow at an accelerated pace.”
John Pennington, president of Pennington Rubber Company, will play a major role in supporting the sales activities of the company. “We are in a better position than ever to meet the needs of our customers. Our combined strength will increase immediately which will benefit every customer we serve,” Pennington said.
Ohio-based Triad Technologies is a distributor of hydraulic, pneumatic, electromechanical, filtration and lubrication technologies. The company was founded in 2002 with the merger of Triad Fluid Power Inc., Air-Draulics Inc., and the Parker Fluid Connector product lines from Midwest Fluid Power Company. With seven locations throughout Ohio, Triad serves Western Ohio, Southeast Michigan and Northern Kentucky.
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