Motion Industries Acquires Drago Supply Company


BIRMINGHAM, Ala. - Drago Supply Company, a regional industrial supplies company, headquartered in Port Arthur, Texas, has been acquired by Motion Industries. Drago has eight locations in Texas, Arkansas and Louisiana with annual revenues of approximately $75 million.

"We are very pleased to have a well-established, successful company like Drago Supply join our organization," states Bill Stevens, President and CEO of Motion Industries.

Joe Drago, President; Philip Drago, Executive Vice President-Marketing; and Sam Drago, Executive Vice President-Business Development will remain as the leadership and continue to manage the business as the Drago Supply Company.

Drago Supply stocks in excess of 30,000 items of hand tools, power tools, general hardware, cutting tools, abrasives, contractor supplies, safety supplies, paper and janitorial supplies and many other products. Drago inventories and distributes products from over 700 manufacturers including Stanley-Proto, 3M, Union, Ingersoll Rand, DeWalt, Dow Corning, Cooper Tools, and Kimberly-Clark.

Drago Supply customers include the refinery, petrochemical, construction, marine, manufacturing, forest products, and power generating industries. Drago Supply is recognized as one of the 100 largest industrial distributors in the United States and is widely recognized as a leader in inventory management, traditional and integrated supply contracts and superior customer service.

With 2007 sales of $3.4 billion, Motion Industries is a leading industrial parts distributor of bearings, mechanical power transmission, electrical and industrial automation, hydraulic and industrial hose, hydraulic and pneumatic components, industrial products, and material handling. Motion Industries has more than 500 operations including ten distribution centers throughout North America and serves more than 100,000 customers from the automotive, chemical, food and beverage, wood and lumber, iron and steel, pulp and paper, mining and aggregate, petrochemical, and pharmaceutical industries.

Motion Industries is a wholly owned subsidiary of Genuine Parts Company.

Visit our website at www.motionindustries.com. Contact us toll-free at (800) 526-9328.

Contacts
Motion Industries
Linda Price, 205-956-1122

Source: Motion Industries

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