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Article: MRO Briefs.(Motion Industries' acquisition of Drago Supply Co.)(Kaman Industrial Technologies Corp's acquisition of Industrial Rubber and Mechanics Inc.)(Grainger Industrial Supply's branch in Panama)(Brief article)
- Article from:
- Purchasing
- Article date:
- November 13, 2008
- Author:
CopyrightCOPYRIGHT 2008 Reed Business Information, Inc. (US). This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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By Susan Avery
Motion Industries has acquired Drago Supply Co. , a regional industrial supplies company headquartered in Port Arthur, Texas. With annual revenues of approximately $75 million, Drago Supply has eight locations in Texas, Arkansas and Louisiana. The company stocks more than 30,000 items. "We are very pleased to have a well-established, successful company like Drago Supply join our organization," says Bill Stevens, president and CEO of Motion Industries in Birmingham, Ala.
Kaman Industrial Technologies Corp. has acquired Industrial Rubber and Mechanics Inc. of Puerto Rico. INRUMEC is a distributor of fluid power products; industrial and ...