Motion Industries to buy Axis
Motion Industries has entered into a definitive agreement to acquire Axis New England and Axis New York, an automation and robotics company based in Danvers, Massachusetts.
The transaction is expected to close on March 1.
Founded in 1994, Axis New England serves the Northeast U.S. from locations in Danvers and Rochester, New York. With expertise in advanced machine automation, the company will continue its focus on motion control, robotics and machine vision. Areas of specialty include precision components, electro-mechanical assemblies and fully engineered automation systems.
“Motion Industries is a great cultural fit for us. We are pleased to join the Motion team and excited about the growth opportunities this will afford the company and our employees," said Todd Clark, Axis president. "Our customers and suppliers can expect the same partnership, support, and service as we continue our focus on delivering high-value solutions.”
“We are very pleased with the addition of this well-established company, which will operate as part of Motion’s Automation Solutions Group,” said Randy Breaux, president of Motion Industries. “Acquiring Axis is in keeping with our strategic intent and complements our growth in the area of industrial plant floor automation. We welcome the Axis employees to the Motion Industries family and we look forward to the contributions they will make to our company in upcoming years.”
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.
