OHIO TRANSMISSION CORPORATION ACQUIRES C & C INDUSTRIAL SALES, LLC, AND MIDWAY INDUSTRIAL SUPPLY, INC.

COLUMBUS, Ohio — Ohio Transmission Corporation, an industrial equipment service provider and distributor headquartered in Columbus, Ohio, announces the acquisition of both C & C Industrial Sales, LLC, and Midway Industrial Supply.

C & C Industrial Sales, LLC, known in the marketplace as CCIS, is headquartered in Gallatin, Tenn., with a second location in Raleigh, N.C., and specializes in spray finishing systems, installation, service and repair across the south and southeastern United States. Midway Industrial Supply, Inc., headquartered in Minneapolis, Minn., also specializes in spray finishing systems as well as sealant and adhesive application systems to industrial customers throughout the upper and central Midwest region, along with Midway Industrial’s recent acquisition of Contrast Equipment Company based in Kansas City, Mo. The companies will operate as divisions of OTP Industrial Solutions, which provides technical sales and service for industrial spray finishing, sealant and adhesive, automation, pumps, motion control, fluid power, and power transmission systems.

“Both CCIS and Midway Industrial are leaders in their respective markets with outstanding associates and management teams,” said Phil Derrow, president and CEO of Ohio Transmission Corporation. “Together with OTP’s already strong presence in the finishing, sealant, and adhesive application markets in several states, the addition of CCIS and Midway will make OTP a national leader with the ability to provide customers with unmatched system integration capabilities. OTP’s expertise in robotic and factory automation technologies also adds exciting new capabilities to better serve Midway’s and CCIS’s customers.”

With this acquisition, Ohio Transmission Corporation now has 27 locations throughout the South and the Midwest and Northeast regions, along with eight service shops. The addition of CCIS’s and Midway’s combined 75 associates brings Ohio Transmission Corporation’s existing workforce to more than 750 employees.

“The addition of CCIS and Midway reinforces OTP’s commitment to provide each of our customers with expert solutions in every one of our markets and product categories.” said Rob Webb, president of OTP Industrial Solutions. “Our customers value the expertise of our associates and the professionalism we bring to every relationship. The associates of Midway and CCIS are a perfect fit to help OTC deliver what matters most to our customers.”

As divisions of OTP Industrial Solutions, CCIS and Midway will have access to OTC’s vast product and service offerings and support resources. The acquisition provides significant growth opportunities for the associates of all of the companies and will provide customers with a more comprehensive set of technical solutions.

“Bringing our companies together, without a doubt, brings more opportunities for CCIS employees, its suppliers and, most importantly, the customers we serve,” said Wade Hickam, CCIS’s CEO. “As customers continue to reduce in-house technical capabilities, we will be even better positioned to provide the finishing and related products they utilize in their operations as well as the required technical support that goes along with it. Our combined capabilities will be unmatched in the industry.”

“Having led Midway’s acquisition of Contrast Equipment two years ago, I know the opportunities and benefits that a larger company can bring to associates, customers, and suppliers,” said Greg Dvorsak, CEO of Midway. “Joining forces with OTC is a great opportunity to create the best finishing, sealant and adhesive application company in the country. The people and culture of OTC are a perfect fit for us.”

About Ohio Transmission Corporation

Established in 1963, Ohio Transmission Corporation is one of the largest industrial distributors and service providers in the United States. Its divisions include OTP Industrial Solutions, a provider of expert solutions for industrial spray finishing, motion control, fluid power, power transmission and pumping systems, and Air Technologies®, a compressed air system equipment and service provider and the largest distributor of Atlas Copco compressed air equipment in North America. Ohio Transmission Corporation maintains locations throughout the South and the Midwest and Northeast regions. Ohio Transmission Corporation’s more than 750 associates share its founding vision of delivering excellent value through work with integrity. For more information, please visit www.otpnet.com and www.aircompressors.com.

About CCIS

C&C Industrial Sales, LLC, opened in 1977 in Gallatin, Tenn., and has grown to be a premier distributor of finishing equipment. CCIS specializes in offering top-of-the-line brands of spray finishing systems as well as the installation, service and repair of equipment. For more information, please visit www.ccisinc.com.

About Midway Industrial Supply

Midway Industrial Supply, founded in 1955 to serve the growing industrial market in the Twin Cities area in Minnesota, specializes in supplying industrial companies with spray finishing systems as well as sealant and adhesive application systems. The corporate headquarters in Minneapolis, Minn., includes a demonstration lab, a large warehouse parts department and a complete repair facility. For more information, please visit www.midwayis.com.