Ohio Transmission Corp. acquires Furey Filter & Pump and PSI Engineering

by dave.morris@psiengineering.net

PSI Engineering and Furey Filter and Pump are proud to announce that we have been purchased by OTP industrial Solutions. Our entire team is excited to join the OTP family of companies, and we look forward to continued growth under our new ownership! Read the full press release below:

Ohio Transmission Corp. acquires Furey Filter & Pump and PSI Engineering

Acquisition of Furey Filter & Pump and PSI Engineering enhances pump, filtration, service and fabrication business

COLUMBUS, Ohio — June 17, 2019 — Ohio Transmission Corporation, an industrial equipment service provider and distributor headquartered in Columbus, Ohio, today announced the acquisition of Furey Filter & Pump and its subsidiary, PSI Engineering, two companies that together have 65 employees in Wisconsin and Minnesota.

Founded in 1956, Furey Filter & Pump, based in the Milwaukee, Wisconsin suburb of Germantown, has established itself as a premier resource for pumps, filtration, service and full-system engineering and fabrication, including certified welding capabilities. PSI Engineering, which was founded as Pumps & Supplies Inc., in 1974, was renamed after Furey Filter & Pump acquired the company in 2004. PSI, headquartered in the Minneapolis/St. Paul, Minnesota area, is an industrial equipment distributor for pumps, filters, mechanical seals and valves, and the company offers a full range of services to meet any repair of fluid-handling equipment.

With this acquisition, Ohio Transmission Corporation now has 37 locations throughout the South, Southeast, Midwest and Northeast regions, along with 18 service shops. The addition of Furey Filter & Pump and PSI Engineering associates expands Ohio Transmission Corporation’s existing workforce to nearly 1,000 employees.

To learn more about Furey Filter & Pump, visit the company website: https://fureyfp.com/. For more information about PSI Engineering, go to: http://psiengineering.net/.

About Ohio Transmission Corporation

Established in 1963, Ohio Transmission Corporation is one of the largest industrial distributors and service providers in the United States. Its divisions include OTP Industrial Solutions, a provider of expert solutions for industrial motion control, factory automation, fluid power, pumping systems, spray finishing, and power transmission, and Air Technologies®, a compressed air system equipment and service provider and the largest distributor of Atlas Copco compressed air equipment in North America. Ohio Transmission Corporation maintains locations throughout the South and the Midwest and Northeast regions. Ohio Transmission Corporation’s nearly 1,000 associates share its founding vision of delivering excellent value through work with integrity. For more information, please visit www.otpnet.com and www.aircompressors.com.



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