Crimson Electric Inc., headquartered in Duncan, has been acquired by Ohio Transmission Corporation, the company announced on June 6. Headquartered in Columbus, Ohio, OTC is an industrial service provider and distributor.
Owned by Charles and Debbie Wilson, Crimson Electric specializes in the repair and testing of AC/DC motors, servo motors, pumps, and gear reducers. The company has been providing electrical apparatus service since 1954.
“Crimson Electric’s service focus provides a great opportunity to expand OTC’s geographic and product areas to better serve all of our customers,” said Phil Derrow, president and CEO of OTC. “We have wanted to include electric motor repair in our product portfolio for many years and are excited to be able to do so with such a great company that has a long history of providing top-notch service to help their customers achieve success.”
Crimson Electric will continue to be operated by current local management under the same name with the owners staying through the transition of ownership.
The acquisition of Crimson Electric will include it becoming a division of OTP Industrial Solutions, which provides technical sales and service for industrial automation, motion control, fluid power, pumps, spray finishing, sealant and adhesive application, and power transmission systems and products.
“As part of the OTP family, Crimson Electric will offer more resources, products, and services to our customers,” Charles Wilson said. “Our team, which is staying on, brings a wealth of knowledge to the motor repair industry by reducing interruption of operations for our customers, reducing downtime, and providing value-added services and products.”
After acquiring Crimson Electric, OTC now has 35 locations throughout the South, Southeast, Midwest, and Northeast regions, along with 14 service shops with an existing workforce of more than 900 employees.
“Our customers continue to look to us for full-service solutions, and Crimson Electric can take care of everything from electrical apparatus repair to machine work, and they have an extensive product inventory of motors, parts, gear reducers, and controls,” said Rob Webb, president of OTP Industrial Products.