LOUISVILLE, KY — Air Hydro Power Inc. has acquired Alabama Bolt and Supply Incorporated of Montgomery, AL, effective July 1.
Alabama Bolt and Supply brings more than 40 years of experience supporting customers throughout central and southern Alabama. Their areas of expertise include hydraulics, pneumatics, hose and fittings and industrial fasteners. They are currently a full-line Parker distributor representing Parker Fluid Connectors, and have two Parker Store locations: Montgomery and Tuscaloosa, Alabama. With the addition of Air Hydro Power’s product lines, Alabama Bolt and Supply will have complete Automation, Hydraulic, Pneumatic and Hose and Fitting offerings, along with industrial fasteners.
"This is a great step forward for providing more products and services to our hundreds of customers," said Charlie Ferguson, president of Alabama Bolt and Supply. "It also is great for our employees to become part of a company like Air Hydro Power that is so employee focused.”
Matt Ott, Co-Owner of Air Hydro Power, commented, "It is our goal to aggressively grow in this region and develop the Alabama Bolt and Supply team and integrate the AHP sales support team fully in this growth area of Alabama."
This is the third acquisition Air Hydro Power has made in Alabama in the last 20 months: Total Hose, Powermotion and now Alabama Bolt and Supply. AHP recognized the similarities between the Kentucky and Alabama customer base and was asked by a key vendor to move into the Alabama market in late 2009. AHP now has over 50 employees in Alabama with Parker Store locations in Birmingham, Decatur, Huntsville, Tuscaloosa and Montgomery, Alabama.
Headquartered in Louisville, KY, Air Hydro Power is an industrial distributor serving Kentucky, Southern Indiana, West Virginia, Alabama and Mississippi specializing in hydraulics, pneumatics, electrical automation and hose and fittings for over 57 years. Owned by Tom McGuire, Matt Ott and Dick Beaven, AHP now has 14 locations, totaling more than 200 employees that incude product specialists and a technical engineering staff. AHP has been a Best Places to Work in Kentucky for the last 10 years.