Motion Industries closes two acquisitions

By |  August 5, 2020

Motion IndustriesMotion Industries, a wholly-owned subsidiary of Genuine Parts Co., acquired TRC Hydraulics, a supplier of hydraulic products and services, and F&L Industrial Solutions, a distributor of T-slotted aluminum extrusion components.

Both transactions closed with an effective date of Aug. 1.

TRC Hydraulics has served the Atlantic-Canada region since 1986 with several full service sales and repair facilities. In 2019, TRC Hydraulics expanded by opening a U.S. facility near Spartanburg, South Carolina.

Along with distributing multiple lines of hydraulic product, TRC designs, manufactures and maintains hydraulic components and systems. It also engineers customized hydraulic and mechanical solutions, and offers additional services from fabricators, welders, machinists and hydraulic technicians.

“This is a fantastic opportunity to grow our business with a leading company that shares the same core values as we do,” says Terry Coyle, president and CEO of TRC. “We look forward to leveraging the many resources that Motion Industries offers and enhancing our services to provide greater value to our customers.”

Based near San Diego, F&L Industrial Solutions has served the Southwest with full-service aluminum extrusion components since 2002. F&L offers local inventory – including the 80/20 brand of aluminum – a staff of CAD designers, in-house machining, digital panel cutting, full assembly/manufacturing, on-site delivery and installation.

Custom-designed products include platforms, electrical connections, robotics and more.

“It’s a perfect fit of our analogous visions and business cultures,” says Mike Fanolla, owner and co-founder of F&L Industrial. “We look forward to the growth opportunities, and with us joining Motion Industries, our customers can anticipate even greater high-quality service they’ve come to know from our company.”

Both acquisitions contribute to the growth of Motion Industries’ market footprint, the company says.

“TRC gives us the opportunity to expand our hydraulics business in the Atlantic Canada markets. And with its aluminum extrusion niche, F&L will nicely supplement our Mi Automation Solutions Group,” says Randy Breaux, president of Motion Industries. “We look forward to working with the talented people of both companies to grow our market footprint and build on our industry-leading position, creating even more value for our customers in the coming years.”

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About the Author:

Carly Bemer (McFadden) is a former Associate Editor for Pit & Quarry.

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