Charlotte, NC — P.T. International, a manufacturer of Industrial Bearing and Power Transmission components specializing in Metric and Imperial products based in Charlotte, NC, has completed an acquisition of IPTCI Bearings based in greater Minneapolis, MN. IPTCI is a leading manufacturer of Industrial and Washdown Ball Bearings specializing in serving the North American Industrial, Agriculture and Food/Beverage Industries for over 45 years.
P.T. International President & CEO Darin Davenport said, “PTI and IPTCI brands are both well-known and respected in the marketplace. Bringing these two powerful names together creates opportunities to not only provide more solutions to our customers, but to also expand our product offering and geographic presence.”
P.T. International and IPTCI customers should note that company contacts remain the same and business will proceed as usual.