Solve Industrial Motion Group burst onto the industrial landscape four years ago in a world that remained upended by a global pandemic.
The North Carolina-based company, renamed following P.T. International’s combination with IPTCI Bearings and LMS Bearings, debuted its new moniker in November 2020. It was subsequently acquired by private equity firm Audax, then acquired SST Bearing, MasterDrive and Bearings Limited, as well as added a new distribution hub in its native Charlotte.
Earlier this year, the company also welcomed a new chief executive: Ernie Lauber, who spent two decades at Danaher prior to roles at JBT and Park Ohio, took the helm of the company in June.
Lauber joins Industrial Distribution to discuss his first months on the job, and where Solve is headed from here.
