Effective August 21, Motion Industries, Inc. a wholly owned subsidiary of Genuine Parts Company, entered into a definitive agreement to acquire Lake Erie Abrasive & Tool (LEA&T), headquartered in Euclid, Ohio.
Milliken & Company announced Sept. 9 that it is acquiring Springfield LLC, a manufacturer of technical, performance, and flame-resistant fabrics for the safety apparel, fire service, military, and occupational markets. Family-owned Springfield is based in Jericho, N.Y. and has manufacturing facilities in Gaffney and Lyman, S.C.
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