COLUMBUS, Ohio — Ohio Transmission Corporation, an industrial equipment service provider and distributor headquartered in Columbus, Ohio, announces the acquisition of Crimson Electric, Inc., a company located in South Carolina. Founded in 1954, Crimson Electric is one of the leading electrical apparatus service centers in the Carolinas. The company specializes in the repair and testing of AC/DC motors, servo motors, pumps and gear reducers. Headquartered in Duncan, S.C., between Greenville and Spartanburg, the company’s facility includes state-of-the-art equipment for the comprehensive repair, engineering and testing of equipment. “The southeastern United States is a rapidly growing industrial market, and Crimson Electric’s service focus provides a great opportunity to expand OTC’s geographic and product areas to better serve all of our customers,” said Phil Derrow, president and CEO of Ohio Transmission Corporation. “We have wanted to include electric motor repair in our product portfolio for many years and are excited to be able to do so with such a great company that has a long history of providing top-notch service to help their customers achieve success.” Crimson Electric will continue to operate under the same name and with current local management. The company will become a division of OTP Industrial Solutions, which provides technical sales and service for industrial automation, motion control, fluid power, pumps, spray finishing, sealant and adhesive application, and power transmission systems and products. Crimson Electric owner, Charles Wilson, and his wife, Debbie, will continue to stay with the company through the transition of ownership. With this acquisition, Ohio Transmission Corporation now has 35 locations throughout the south, southeast, midwest and northeast regions, along with 14 service shops. The addition of Crimson Electric’s associates will expand Ohio Transmission Corporation’s existing workforce of more than 900 employees.
Wed, 06/06/2018 - 12:22