Air Hydro Power Acquires Powermotion Inc
Air Hydro Power Inc., an industrial distributor serving Kentucky, Southern Indiana, and Alabama, has acquired the assets of Powermotion Incorporated of Birmingham, AL. The acquisition will bring Air Hydro Power's total employment in Alabama to over 30 people supporting customers in this territory.
- Birmingham, AL (1888PressRelease) December 22, 2017 - Air Hydro Power Inc. (AHP), headquartered in Louisville, Kentucky, has acquired the assets of Powermotion Incorporated of Birmingham, Alabama.
This acquisition included a ParkerStore in Birmingham. With the addition of AHP’s product lines, Powermotion will have a complete automation, hydraulic, pneumatic, and hose and fittings offering.
Beau Carter, current president of Powermotion, commented that the acquisition is “a great step forward for providing more products and services to our customers”.
AHP currently has locations in Birmingham, Decatur, Huntsville, and Montgomery, Alabama, but hopes to grow their customer base and retain the strong relationships of current Powermotion customers.
Dick Beaven, co-owner of AHP, states that “It is our goal to aggressively grow in this region, develop the Powermotion team, and integrate the AHP sales support team fully in this growth area of Alabama.”
This acquisition will bring AHP’s total employment in Alabama to over 30 employees and 4 stocking locations in Alabama to support our customers’ needs.
Powermotion
Started by Hugh Cottingham and Roy Costner in 1972, Powermotion brings over 45 years of experience supporting customers throughout Alabama. Cottingham and Costner used their business to fulfill the need for Parker hydraulics in Alabama and the panhandle of Florida through “quality products, on-time delivery, competitive pricing, and knowledgeable customer service” as stated in their mission statement. Powermotion grew through the years and expanded to a 9,000 square foot building after acquiring the ParkerStore location from Cross Company in 2001.
Air Hydro Power
Headquartered in Louisville, KY, Air Hydro Power, Inc. is an industrial distributor serving Kentucky, Southern Indiana, and Alabama specializing in hydraulics, pneumatics, electrical automation, and hose and fittings for over 55 years. Owned by Tom McGuire, Matt Ott and Dick Beaven, AHP now has thirteen locations totaling over 200 employees including product specialists and a technical engineering staff. For more information about AHP, visit our website at www.airhydropower.com or contact Sarah McGuire at smcguire ( @ ) airhydropower dot com / (502) 292-4243.
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