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OHIO TRANSMISSION CORP
A family business founded in 1963, Ohio Transmission Corp (OTC) is a leading distributor of motion control and related products and services serving a wide range of end-markets from 20 branch locations.
Phil Derrow, CEO, has been with OTC for 25+ years, taking over as CEO from his father in 1998. Bob Grubbs, Chairman, is the former CEO of Anixter International and has over 30 years’ experience in distribution.
Initial investment to acquire majority ownership from owner-operators, 2013
Key product categories include pumps, bearings, PT, fluid power and compressors
Services and after-market product sales represent the majority of revenues