FCX Performance Inc. (www.fcxperformance.com), a distributor of flow control equipment, acquired North Coast Instruments, a distributor of electric actuators and related process equipment and provider of repair services in Ohio and surrounding states.
The deal is intended to enable Columbus, Ohio-based FCX Performance to expand its range of products currently offered in the Ohio area. The combined company will have sales of $130 million, 14 offices serving 21 states and over 190 employees.
“We welcome the employees, products and customers of North Coast Instruments to the FCX organization”, said Charles M. Simon, President and CEO of FCX Performance, in a prepared statement. “Our combined resources in this important marketplace will provide an efficient outlet to market for our key vendors and provide our customers with one-stop shopping capabilities for an enhanced range of flow control products and services.”