We here at Presco would like to take the time to congratulate two of our customers as Motion Industries (Birmingham, AL) through their division Motion Canada has purchased Commercial Solutions, Inc. (CSI). CSI based in Edmonton, Alberta is a leading supplier for industrial supplies. We at Presco are proud to call CSI one of our featured distributors in the area of marking products and safety products. CSI supplies everything from the Oil Industry (stake flags and roll flagging) to the Safety Industry (caution tape and barricade tape). CSI has been around since 1911 and grew to 22 locations across Canada.
Motion Industries announced the acquisition agreement in December of 2013 and completed the acquisition of all of the issued and outstanding common shares of CSI by February of 2014. With annual sales of $4.5 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, safety products, and material handling. Motion Industries has over 550 operations including 14 distribution centers throughout North America and serves more than 150,000 customers from the food and beverage, pulp and paper, iron and steel, chemical, mining and aggregate, petrochemical, automotive, wood and lumber, and pharmaceutical industries. We are also proud at Presco to call Motion Industries a Featured Distributor as they serve many industries with our marking products.