Motion Industries Acquires General Tool and Supply

Motion Industries has acquired General Tool and Supply, a regional industrial supplies distributor, headquartered in Portland, Oregon and its subsidiary Industrial Tool and Supply headquartered in Tucson, Arizona.
Jack Keough -- Industrial Distribution, 5/7/2009 2:31:33 PM

Motion Industries has acquired General Tool and Supply, a regional industrial supplies distributor, headquartered in Portland, Oregon and its subsidiary Industrial Tool and Supply headquartered in Tucson, Arizona. General Tool and Supply Company has four locations in Oregon, Washington, and Idaho; and Industrial Tool and Supply has two locations in Arizona.

Bill Derville, President; Jim Miller, Executive Vice President Sales and Marketing; and Rick Parlett, President Industrial Tool and Supply will remain as the leadership team and continue to manage the business as General Tool and Supply and Industrial Tool and Supply.

General Tool stocks in excess of 35,000 items of hand tools, power tools, precision tools, cutting tools, electronics tools and supplies, construction tools, abrasives, hoists, safety supplies, chemicals, and janitorial supplies. General Tool and Supply was recognized as one of the 5,000 fastest growing companies in America by Inc. Magazine in 2008. They distribute products from over 500 manufacturers.

General Tool and Supply's customers include aerospace, pulp and paper mills, general manufacturing plants, machine shops, foundries, electronic manufacturers, steel mills, construction companies, and government agencies. Industrial Tool and Supply customers include copper mines, general manufacturing, machine shops, contractors, and electronic manufacturers.

With 2008 sales of $3.5 billion, Motion Industries is a leading industrial parts distributor of bearings, mechanical power transmission, electrical automation, hydraulic and industrial hose, hydraulic and pneumatic components, industrial supplies, and material handling. Motion Industries has more than 500 operations including eight distribution centers throughout North America and serves more than 100,000 customers from the chemical, food and beverage, wood and lumber, iron and steel, pulp and paper, mining and aggregate, petrochemical, automotive and pharmaceutical industries.

Motion Industries is a wholly owned subsidiary of Genuine Parts Company (NYSE:GPC)..