B&D Industrial acquires GTI Technology
Macon, Georgia-based B&D Industrial announced the acquisition of GTI Predictive Technology, a division of GTI Spindle Technology Inc. of Manchester, New Hampshire.
GTI specializes in predictive analysis systems used by all types of customers from many different industries. GTI powers vigorous data collection tools in support of its mission of changing predictive technology regarding standalone diagnostics and Industry 4.0 solutions.
“Passing the torch to B&D is a proud moment for myself and the GTI team. Using Apple’s iPad and wireless technology to change the landscape of the predictive industry was just the start of what can be done," said Tom Hoenig, owner/president, GTI. "B&D is a clear choice for my vision to bring more innovation to the Industrial Internet of Things. Bringing the GTI team together with the innovators at B&D will in no doubt be a win/win for the industry.”
“The timing couldn’t be better for GTI Predictive Technology coming on board with B&D," said Ben Nations, co-CEO, B&D Industrial. "We are keenly focused on Industry 4.0 solutions as part of our strategic plan. GTI has over a decade of experience delivering IIoT solutions for a very impressive customer base. Their software platform and product family can accommodate vibration data collection/analysis, balancing, shaft alignment, thermography and ultrasound in a very user-friendly and affordable package for our customers."
He added that B&D will continue to invest in development of the software and sensors and will be adding many new applications in the years to come.
"We are excited to have Tom Hoenig continue to be involved with the R&D moving forward, as he is a true visionary when it comes to IIoT solutions in the real world of our customers’ facilities,” Nations said.
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