Purvis Industries acquires Ready Bearing Supply

 

Dallas, TX—Purvis Industries announced that effective Jan. 4, 2019, they have acquired substantially all the assets, brand rights, websites, personnel and intellectual property of Ready Bearing Supply located in Lubbock, TX. Ready Bearing has been serving customers in Texas, New Mexico, Arizona, Oklahoma, and Kansas since 1978. For 40 years, Ready Bearing has prided themselves on solid technical product knowledge and outstanding customer service and support.

Cameron Barker, Purvis Industries VP of Corporate Operations, said about Ready Bearing: “Purvis Industries is proud to be able to join with a strong independent distributor like Ready Bearing Supply. Like us, they have a long history of solid customer service and strong relationships. Ready Bearing fills in a key market for us in West Texas, providing our oilfield and other industrial customers greater access to quality products and services. We also look forward to providing Ready Bearing’s customers with an expanded range of Tier One suppliers as well as access to our new best in class eCommerce platform.”

Purvis Industries is based in Dallas, Texas and is one of the largest Independent Bearing and Power Transmission distributors in the United States with 88 locations covering 15 states. Started in 1945, they have implemented an Independent distribution model that has created year over year growth and a loyal following of customers. Purvis Industries serves its customers with local inventory and extraordinary technical expertise as well as an unwavering dedication to ensuring the continued success of our customers.

Source: Purvis Industries

B&P2024 B&P2024