OTC acquires American Industrial Corporation
OTC Industrial Technologies announced the acquisition of American Industrial Corporation.
AIC is a provider of liquid and powder finishing equipment, dispense application products, and filtration products throughout the Midwest.
Headquartered in Greenwood, Indiana, AIC has one sales and field service location serving Illinois, Indiana, Iowa, Kansas, Kentucky, Tennessee, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota, and Wisconsin and has approximately 50 employees.
“For its over 50 year history, American Industrial Corporation (AIC) has served its finishing and powder coating customers with leading application knowhow, equipment systems design, fabrication and installation support,” said Bob Wilson, president – Finishing, Dispensing and Filtration for OTC. “This acquisition is a key part of our strategy to expand our technical sales and service capabilities. We are excited to have AIC team join our family of OTC companies."
"Becoming a part of OTC will provide more opportunities for growth in the industry for our customers, as well as our employees," said David Jacks, AIC president. "We believe that joining the OTC family will enhance our distributed product and engineered system opportunities, further cultivating those relationships."
With this acquisition, OTC Industrial Technologies now has over 60 locations throughout the United States and nearly 40 service shops. The addition of AIC associates expands OTC’s workforce to over 1,600 employees.
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.
