Motion Enters into Agreement to Purchase Conveyance Company

Motion Industries, Inc., a leading distributor of maintenance, repair and operation replacement parts, and a premier provider of industrial technology solutions, signed a definitive purchase agreement to acquire the operating assets of U.S.-based International Conveyor and Rubber (ICR). The transaction is expected to close at the end of December 2024, subject to customary closing conditions.

ICR services commercial and industrial customers in the eastern United States. Headquartered in Blairsville, Pennsylvania, the company has seven locations, offering sales, installation, repair and maintenance of conveyor belts and related system products. They also provide engineering and design services for custom solutions.

ICR serves a variety of industries, including mining and aggregates, power generation, oil and gas, construction, steel, building materials manufacturing, package handling and distribution, wood/pulp/paper, cement and asphalt, recycling and marine terminals.

With 150 employees, ICR will join Motion’s business unit, Motion Conveyance Solutions.

For more information, visit https://www.motion.com.