Purvis Industries Acquires Animas Bearing

The addition helps Purvis fill out its New Mexico operations and solidify its position in the region.

​Purvis Industries of Dallas, TX has announced that effective April 1 it has closed an asset purchase of Animas Bearing and Oilfield Supply located in Farmington, NM.

Owned and operated by Bill Fortner, Animas Bearing and Oilfield Supply has built a reputation servicing the agricultural, industrial and energy customers in the Farmington and four corners region.

“We’re thrilled to add Animas Bearing and Oilfield Supply as the newest member of the Purvis family of companies," said Cameron Barket, Purvis Vice President of Corporate Operations. "This helps us fill out our New Mexico operations and helps us solidify our position in the region. We have strong relationships in the area and this further enhances our abilities to provide exceptional service to those customers.”

Purvis Industries was founded in 1945 in Waco, TX and has since grown to one of the largest regional independent power transmission, electrical control and belting services distributors in the nation with 76 locations and over 630 team members in 13 states. Purvis Industries goes to market through 9 strategic business units: American Keyed and Custom Shaft, CapCorp Belting, National Mechanical Power Systems, Purvis Bearing Services, National Petroleum Oilfield Products, The Mine Supply, Triad Industrial Automation, HydraAir, and U.S. Conveying Systems & Equipment

For more information visit the Purvis Industries Web site www.PurvisIndustries.com

More in Mergers & Acquisitions