Ohio Transmission Corp. Acquires JCI Industries
Acquisition of provider of commercial and industrial pumps, motors, controls, field service and remanufacturing furthers OTC’s expansion into Midwest.
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Ohio Transmission Corporation (OTC), Columbus, Ohio, on Tuesday announced the acquisition of JCI Industries, a provider of pumps, motors, controls, field service and remanufacturing to commercial, industrial and environmental customers throughout the Midwest. Financial terms of the deal weren’t disclosed.
Headquartered in Lee’s Summit, Missouri (outside Kansas City), JCI Industries employs 150 and operates seven sales and field service locations throughout Missouri, Kansas, Nebraska, Iowa and Arkansas.
“JCI Industries has grown to become the leading provider of rotating equipment and process solutions for the industrial and municipal markets in the midwestern United States,” said David Scheer, CEO of Ohio Transmission Corp. “This acquisition of JCI further expands our regional footprint into the Midwest and aligns with OTC’s growth strategy of providing current and future customers in the Midwest with a familiar and trusted solutions provider. Chip Toth will continue to lead JCI moving forward, and we are thrilled to have Chip and his talented management team join the OTC family.”