BIRMINGHAM, Ala. — Motion Industries Inc. announced two acquisitions. Motion has entered into agreements to acquire TRC Hydraulics and F&L Industrial Solutions Inc. Both transactions closed with an effective date of August 1, 2020.
In business since 1986, TRC Hydraulics has served the Atlantic Canada region with several full- service sales and repair facilities in Canada. In 2019, TRC Hydraulics expanded by opening a facility near Spartanburg, South Carolina.
“This is a fantastic opportunity to grow our business with a leading company that shares the same core values as we do,” said TRC President and CEO Terry Coyle. “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, California, F&L Industrial Solutions has served the southwest U.S. with full-service aluminum extrusion components since 2002.
“It’s a perfect fit of our analogous visions and business cultures,” said F&L Industrial Owner Mike Fanolla, who co-founded F&L. “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.”
“We are pleased to welcome these outstanding organizations, TRC Hydraulics and F&L Industrial, to the Motion family,” said Motion Industries President Randy Breaux. “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. 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.”