Solve Industrial Motion Group Expands Capabilities with Acquisition
Solve Industrial Motion Group, a leading provider of engineered bearings and power transmission solutions, has acquired Miller Bearing Company, a U.S. manufacturer based in Kent, Ohio known for its conveyor bearing expertise. The acquisition strengthens Solve’s manufacturing capabilities and adds a highly skilled workforce and facility in Kent. It also enhances Solve’s offerings for the material handling industry, especially in conveyor systems.
CEO Ernie Lauber said the move is a natural fit for the company’s strategy. “The Miller acquisition fits so well because it expands our manufacturing capabilities and adds a great workforce and facility in Kent. Additionally, Miller’s focus on conveyor bearings is key, as they are a core component of the conveyor rollers we manufacture in Loveland, Ohio. This move helps us expand our solutions for the material handling industry.”
Donald Miller, Jr., President of Miller Bearing Company, said joining Solve supports growth ambitions while maintaining service quality. “Solve is a great fit for Miller. Their scale and speed will help us grow, while their reputation ensures our customers will continue receiving the world-class service we were built on.”
About Solve Industrial Motion Group
Formed in 2020, Solve Industrial Motion Group brings together the PTI, IPTCI, and LMS brands. The company has expanded through multiple strategic acquisitions, becoming a full-service engineered solutions provider supported by a broad North American network.
About Miller Bearing Company
Founded in 1978, Miller Bearing Company manufactures a wide variety of conveyor bearings from its 60,000 sq. ft. facility in Kent, Ohio, serving customers across the material handling sector.
