MMH    Topics     Warehouse    MRO

Motion Industries to acquire automation and robotics company

Motion Industries, a leading distributor of MRO replacement parts and a wholly owned subsidiary of Genuine Parts Company (GPC), announced that it has entered into a definitive agreement to acquire Axis New England and Axis New York.


Motion Industries, a leading distributor of maintenance, repair and operation replacement parts and a wholly owned subsidiary of Genuine Parts Company (GPC), announced that it has entered into a definitive agreement to acquire Axis New England and Axis New York (“Axis”), an automation and robotics company based in Danvers, MA.

Execution of the transaction will occur on March 1, 2019, subject to the satisfaction of customary closing conditions.

Founded in 1994, Axis New England serves the Northeast U.S. from its locations in Danvers, MA, and Rochester, NY (Axis 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.

Todd Clark, Axis President, said, “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. 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,” stated 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.”


Article Topics

News
Warehouse
MRO
Technology
Automation
Automation
Motion Industries
MRO
   All topics

MRO News & Resources

Fluke Reliability partners with Verusen for MRO inventory optimization
3 takes on MRO data analytics
Motion Industries to acquire automation company
Avidbots showcases autonomous cleaning robots
Traka exhibits modular lockers
MRO Survey: Finding and keeping the best technicians
Maintenance, Repair and Operations: Understanding the true condition of the equipment
More MRO

Latest in Materials Handling

U.S-bound May imports continue to grow, reports S&P Global Market Intelligence
AGILOX North America opens new headquarters, announces new CEO
Auriemma becomes new CEO of Business Unit Software at Körber
Expo Pack México 2024 sets new records
Hai Robotics announces move of its Americas headquarters to Atlanta metro
Glencore improves recycling plant safety with ELOKON’s proximity detection system
National Forklift Safety Day: Yale Reliant operator assistance technology reaches 14 million hours of real-world run time
More Materials Handling

Subscribe to Materials Handling Magazine

Subscribe today!
Not a subscriber? Sign up today!
Subscribe today. It's FREE.
Find out what the world's most innovative companies are doing to improve productivity in their plants and distribution centers.
Start your FREE subscription today.

June 2024 Modern Materials Handling

National Forklift Safety Day comes once a year in June, but various sensor and vision-based, ‘operator-assist’ technologies, as well as telematics, are used daily to enhance the level of operator awareness for manually operated lift truck fleets.

Latest Resources

Empowering Your Workforce: Integration of Wearables and AMRs to Increase Picking Productivity
Join us on June 20 to discover how integrating wearables and AMRs can revolutionize picking productivity and operational efficiency in your warehouse and manufacturing environments.
Packaging Efficiency: The modern way to reduce freight costs
Lift Trucks & Accessories: The Trusted Workhorse Evolves
More resources

Latest Resources

2023 Automation Study: Usage & Implementation of Warehouse/DC Automation Solutions
2023 Automation Study: Usage & Implementation of Warehouse/DC Automation Solutions
This research was conducted by Peerless Research Group on behalf of Modern Materials Handling to assess usage and purchase intentions forautomation systems...
How Your Storage Practices Can Affect Your Pest Control Program
How Your Storage Practices Can Affect Your Pest Control Program
Discover how your storage practices could be affecting your pest control program and how to prevent pest infestations in your business. Join...

Warehousing Outlook 2023
Warehousing Outlook 2023
2023 is here, and so are new warehousing trends.
Extend the Life of Brownfield Warehouses
Extend the Life of Brownfield Warehouses
Today’s robotic and data-driven automation systems can minimize disruptions and improve the life and productivity of warehouse operations.
Power Supply in Overhead Cranes: Energy Chains vs. Festoons
Power Supply in Overhead Cranes: Energy Chains vs. Festoons
Download this white paper to learn more about how both systems compare.