Motion Enters Into Agreement to Purchase Conveyance Company

Birmingham, Ala. – 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 US-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.

Kory Krinock, one of ICR’s owner-operators, said, “It’s a perfect match—both companies are dedicated to their customers and share the same core values. We look forward to enhancing  our services and customer value proposition while contributing to Motion’s growth.” 

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