Ohio Transmission Corp., an industrial equipment service provider and distributor based in Columbus, has acquired Pumps, Parts and Service Inc., an industrial pump and repair company with service locations in the Southeast, one of the fast growing industrial areas in the country. Headquartered in Charlotte, PP&S has 47 associates in Alabama, Georgia, North Carolina and Virginia.
“PP&S was founded in 1980, and we’ve known of them for more than 30 years as a fellow Flowserve distributor,” OTC President and CEO Philip Derrow said, in a statement. “PP&S has always been well-respected in its markets and the company has continued to improve its market position by providing exceptional service to customers over the years. The addition of the PP&S team to the OTC family will provide even better service and greater capabilities to all of our customers and will provide new opportunities for our associates.”
Established in 1980 as a two-person sales office representing just one pump manufacturer, PP&S has grown to become a regional distributor of rotating and process equipment serving industrial, municipal and energy markets throughout the Southeast.
The company will become a division of OTP Industrial Solutions and continue to operate under its current name and with the current local management, including President and CEO Ray Miller, and Miller’s business partner, Mike Dysart, general manager of the environmental division.
With this acquisition, OTC now has 44 locations throughout the South, Southeast, Midwest and Northeast regions, along with 21 service shops. The addition of PP&S associates expands the company’s existing workforce to about 1,100 employees.