McCoy Sales Corp., a leading distributor of fluid connectors, fluid power equipment, instrumentation products, and seals, has announced that it will merge with Portland, Ore.-based Fluid Connector Products Inc. (FCPI) to create the largest Parker Hannifin distribution network in the western U.S. FCPI has locations in Oregon, Washington and Idaho. McCoy, which currently has locations in Colorado, Utah, New Mexico and Wyoming, will now expand its industrial offerings. The new company will be called Motion and Flow Control Products (MFCP).
Both McCoy Sales and Fluid Connector Products are Parker authorized full-line distributors, representing Parker’s industrial product offering. Both companies’ ParkerStore locations supply OEM and MRO customers with direct access to the Parker industrial products along with complementary product offerings and factory-trained personnel.
John Niemi, Chief Executive Officer of McCoy Sales Corporation, will serve as president and CEO of Motion and Flow Control Products. Darrell Sabin and Steve Robinson, FCPI’s co-presidents, will continue to serve as co-presidents of FCPI operations.
“We are thrilled to be joining forces with the talented team at Fluid Connector Products,” says CEO John Niemi, “and look forward to leveraging the strengths of both companies through the new company. I am looking forward to collaborating with Darrell and Steve, and very optimistic about our opportunities for accelerated organic growth, as well as additional strategic acquisitions.”
As part of the merger, Colville Capital LLC, of Charlotte and senior management invested additional equity to provide a strong base for further growth. Colville Capital has been the majority investor in McCoy since 2006.
Mark Mealy, Colville Capital’s Managing Partner, says this merger is consistent with Colville Capital’s strategy for combining organic growth with strategic acquisitions. “When we acquired McCoy five years ago, we knew it was a well-managed business that would benefit substantially from an expanded geographic base,” Mealy says. “With this acquisition, MFCP has the size, the strength and the capital to serve its broader customer base and continue to grow.”
Jason Collmann says
Hello, I was a former employee of FCPI Salem, Oregon for 10 years. In that time I helped build a solid foundation for the reputation of that store and excelled in supporting not only the reputation of my store, but all other branches, my vendors, and my customers. I was released from my position with no explanation due to emotional and internal political bias. To this day, my customers remain loyal to the many hours and sacrifices I surrendered to them and they still ask where I am and why they let me go with no reasonable explanation. I always worked hard to maintain excellent relationships with the people that entered that store and even after I was verbally threatened (as well as other employees and customers) by an employee that is still working for them, I maintained a professional environment and attitude only to be labaeled as a “whistleblower”. I worked hard to make FCP a place of excellent service and reliability in our community and took on every challenge presented to me including outside sales. I was crushed and dissapointed by what happened and I still stay knowledgeable about not only the products but real world applications of those products. I see my customers daily and they express their dissapointment as well about the customer service and knowledge base of the individuals that they rely on. I’m glad that the company is expanding but dismayed I am no longer a part of that success. Thank you for allowing me to “speak my mind”.