OTC Industrial Technologies, a provider of industrial equipment services and distribution solutions, is pleased to announce the acquisition of Fleetwood Industrial Products and P-M Industrial, Inc., both recognized names in the rotating equipment space across the Northeast.
This strategic acquisition is a major step in OTC’s ongoing investment in service and repair capabilities, adding critical resources and expertise that will support the company’s growing customer base throughout the region.
Founded in 1986, Fleetwood Industrial Products has built a strong reputation as a trusted Flowserve distributor and a certified Flowserve Diamond Level Service Center—a prestigious designation that highlights its commitment to excellence in repair, engineering, and customer support.
Fleetwood’s capabilities include the distribution of mechanical seals, couplings, gaskets, non-metallic bearings, and packings, as well as engineering and fabrication of lube oil skids and seal support systems. In 2018, the company partnered with P-M Industrial, Inc., an established provider of fluid sealing solutions since 1964. Together, they’ve expanded assembly and repair services and deepened their product portfolio to better serve critical industries, including pharmaceutical, refining, municipal, and marine.
With this acquisition, OTC continues to accelerate its geographic service and repair expansion strategy, bringing best-in-class capabilities closer to customers and reinforcing its position as a national leader in rotating equipment solutions.