PTI powers even more value after acquiring LMS Bearings and IPTCI
As part of our commitment towards offering one of the most comprehensive selections of industrial bearings and power transmission components, we’re pleased to now be more than a full year into the merging of the PT International brand with two other well-known providers.
In 2018, we successfully acquired both IPTCI (www.iptci.com) and not long before it, LMS Bearings (www.lmsbearings.com). Since that time, we’ve been pleased to offer our customers an expanded selection of both standard and metric bearings that supplement and complement the range we currently manufacture through PT International,” said President & CEO Darin Davenport. “These acquisitions also represent significant benefits for geographic accessibility – which allows our supply chain to more quickly and efficiently respond to the needs of teams who do not have moments to waste waiting for essential parts.”
Though the three brands now share ownership, there has been no disruption to any existing customers. If anything, the three are functioning even better as a joined entity.