Applied industrial technologies acquires gibson engineering

Cleveland--(business wire)--applied industrial technologies (nyse: ait) today announced it has acquired gibson engineering company, inc. (“gibson”), a provider of automation products, services, and engineered solutions focused on machine vision, motion control, mobile and collaborative robotic solutions, intelligent sensors, and other related equipment. terms of the transaction were not disclosed. neil a. schrimsher, president & chief executive officer for applied, commented “we are pleased
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