Applied Industrial Technologies acquires Thomson Industrial Supply

Applied Industrial Technologies (AIT) announced the acquisition of Thompson Industrial Supply. Based in Los Angeles, CA, Thompson is a provider of industrial bearings, power transmission, hydraulics, pneumatics, linear motion, and lightweight belting products and related service solutions. Thompson operates with a team of more than 40 associates from two locations in Southern California and serves customers across many core verticals including food and beverage, consumer products, pharmaceutical, life sciences, and other various industrial industries. The company will be integrated into Applied’s U.S. Service Center operations and is expected to generate annual sales of approximately $20M in the first year of ownership.