PumpTek will operate as a division of OTP Industrial Solutions, which provides solutions for industrial motion control, fluid power, power transmission and pumping systems.
“PumpTek has built a strong following among customers for sealless pumps,” said Phil Derrow, president and CEO of Ohio Transmission Corp. “The company, founded by Tim Marklay and Scott Sapita, has a sales presence in much of OTC’s current footprint, including Ohio, Indiana, Kentucky and Pittsburgh. PumpTek has significant expertise in magnetic drive (mag-drive), or sealless, pumps from Innomag, one of the premier mag-drive lines and now part of the Flowserve portfolio. OTC will be able to leverage this expertise across most of our territory and customer base.”
With this acquisition, Ohio Transmission Corp now has 24 locations throughout the US Midwest, South and the Northeast, along with eight service shops. The addition of PumpTek brings Ohio Transmission Corporation’s workforce to more than 650 employees.
“The addition of PumpTek reinforces our already strong pump team and it adds to our already strong product line,” said Rob Webb, president of OTP Industrial Solutions. “Adding PumpTek to OTC will help us continue to reinforce our commitment to providing top-level service in the pump business in our markets.”
“Scott and I, and the rest of our fellow team members at PumpTek, are very enthusiastic to join forces with a company of OTC’s calibre,” said Tim Marklay, managing partner at PumpTek. “For the past 17 years, PumpTek has worked arduously in applying sealless pump expertise to bring value to a broad customer base in the industrial market segments that we serve.”
“We look forward to the path ahead, as the strength of OTC can be leveraged in the best interest of providing even more value and services to PumpTek customers,” said Scott Sapita, who co-founded PumpTek with Marklay.
Marklay, Sapita and PumpTek sales and service associates will stay with the business under OTC ownership.
