Acquisition Announcement from Binkelman

Binkelman Corporation is pleased to announce the acquisition of Bornell Supply with locations in both Lima and Piqua, Ohio.  We are very excited to welcome the employees and customers of Bornell to the Binkelman Family.  We believe the merger of these two independent distributors brings an elevated level of service to our new and existing customers and broader product offering.

This acquisition will bring benefit to our existing customers in the Lima markets and enhance our product offering for all of current customer base.  Bornell's existing customer base will see the continued level of service they have received over so many years along with several new product lines to support and grow.  Specifically, Bornell's customers will see significant investments in inventory levels to support our power transmission, fluid power, electric motor and drive, and conveyor belt and accessory solutions.  As a total solution provider, Binkleman will augment Bornell's capabilities by providing new services and training solutions.  Bornell Supply and Binkelman Corporation are member-owners of one of the power transmission cooperatives.  IDC-USA is a national purchasing, marketing, and selling cooperative representing over 280 independent distribution locations coast-to-coast and that number continues to grow. IDC-USA has partnered with over 70 suppliers to serve end-users with the highest quality bearing, power transmission, hose, rubber, hydraulics, and related products available (www.idc-usa.com). 

 

BORNELL SUPPLY

Back in 1949, an astute entrepreneur by the name of Von Ellis had a vision. With World War II over, America manufacturing, untouched by the conflict, was redirecting its capacity towards satisfying unprecedented demand for consumer goods. This, in turn, created a strong need for industrial goods, especially those in the power transmission area. 

Ellis believed the market in and around Piqua was ripe for a distributor of these products. However, he lacked particular expertise. Since a motor was typically the starting point of all power transmission applications, he sought a partner who knew motors. He learned of an owner of a local electric motor shop known as Electric Motor Service Company and approached him with his ideas. Ralph Bornhorst was the owner’s name. Evidently, Bornhorst liked what Ellis had to say because the two went into business together using “Born” from one name and “Ell” from the other, setting up shop with a staff of three in the Shawnee area of Piqua Ohio on February 24, 1949.

 

BINKELMAN CORPORATION (www.binkelman.com)

The values that have driven Binkelman for well over 60 years still drive the company today. Excellent customer service. Quality manufacturers. And respect for the people we do business with. Binkelman was founded in 1946 in the post-war boom as a power transmission products distributor. At that time, Binkelman Bearings was renowned for quality products and great service. The business would evolve in the 80’s to include electrical motors and industrial and hydraulic hoses. In 1996, Binkelman purchased Bauer-Wenner, a rubber products company. Over the years we evolved into a full line industrial distributor. Throughout our history, the people of Binkelman have taken personal pride in providing quality parts and excellent customer service.

Binkelman is a full line industrial parts distributor and we are in business to get you the right part at the right price. But there's more to Binkelman than parts, because there's more to parts than price. We've been in business more than half-a-century because our people make it their business to know your business. Headquartered in Toledo, Ohio, Binkelman is a total solutions parts distributor that primarily services the mining, glass, automotive, agricultural, energy, and steel industries. We’ll get you the part you need from a quality manufacturer quickly and efficiently. Binkelman may not be the largest distributor in the business, but we pride ourselves in being the best and most responsive—providing innovative, total solutions for our customers and setting industry standards in service, training and support.

 

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