New bearing company

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Solve Industrial Motion Group, a new company and  supplier of industrial bearings and power transmission components, officially formed. The company includes three established businesses in the sector, including P.T. International (PTI) based in North Carolina, IPTCI Bearings headquartered in Minnesota, and LMS Bearings in Colorado.

Solve is a supplier of bearings and power transmission components, Solve will be a resource for both metric and American standard products with an inventory of more than 25,000 SKUs of components. The company has five regional stocking locations and plans to add more. Solve offers same-day shipping. The company primarily serves food and beverage, agriculture, mining, steel, automotive, textiles, wood products, lawn and garden, and pharmaceuticals.

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