Motion Industries to Acquire Axis New England
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Motion Industries, Birmingham, AL, a subsidiary of Genuine Parts Company (NYSE: GPC), has agreed to acquire Axis New England and Axis New York, Danvers, MA, an automation and robotics company. Terms of the transaction were not disclosed.
Axis New England serves the Northeast U.S. from its locations in Danvers, MA, and Rochester, NY. The company will continue its focus on motion control, robotics and machine vision.
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