GTI Spindle Technology, Inc. (GTI), a global leader in spindle repair and related services, announces that it has divested its Predictive Technology division to B&D Industrial of Macon, Georgia. Related to this transaction, GTI has signed a reseller and distribution agreement for the technology with primary market focus on machine tool applications. GTI remains under current ownership and management.
“Passing the Predictive torch to B&D is a proud moment for myself and the GTI team,” states Tom Hoenig, Owner/President, GTI. “Using Apple’s iPad and wireless technology to change the landscape of the predictive industry was just the start of what can be done. B&D is a clear choice for my vision to bring more innovation to the Industrial Internet of Things. Bringing the GTI team together with the innovators at B&D will in no doubt be a win/win for the industry,” he adds.
“The timing couldn’t be better for GTI Predictive Technology coming on board with B&D,” said Ben Nations, co-CEO, B&D Industrial. “We are keenly focused on Industry 4.0 solutions as part of our strategic plan. GTI has over a decade of experience delivering IIoT solutions for a very impressive customer base. Their software platform and product family can accommodate vibration data collection/analysis, balancing, shaft alignment, thermography and ultrasound in a very user-friendly and affordable package for our customers.”
He added that B&D will continue to invest in development of the software and sensors and will be adding many new applications in the years to come. “We are excited to have Tom Hoenig continue to be involved with the R&D moving forward, as he is a true visionary when it comes to IIoT solutions in the real world of our customers’ facilities,” Nations said.
About GTI Spindle Technology
GTI Spindle Technology, founded in 1997, offers an extensive range of services including failure analysis and corrective action programs, vibration analysis diagnostics and guaranteed cost savings programs. GTI Spindle inspects, repairs and remanufactures spindles and other precision rotating assemblies including super precision high frequency, motorized, belt and gear driven spindles with emphasis on Japanese and European high speed machining centers. For more info, please visit https://www.gtispindle.com, or call 888-473-9675.
Founded in 2010, GTI Predictive Technology is a leading global innovator and manufacturer of predictive maintenance solutions leveraging Apple’s iPad® power and ease of use. GTI Predictive’s product portfolio, which originated with Vibration Analysis & Balancing Tools, also encompasses Thermography, Ultrasound, Alignment and Machine Leveling. The portfolio includes connectivity to a cloud-based web application for visualization, reporting and fault detection for asset monitoring and repair. Permanent mount sensors, also with web connectivity, are one more of GTI’s latest innovations. For additional info, please visit https://www.gtipredictive.com.
About B&D Industrial
Founded in 1947, B&D Industrial is an applications-driven, independent distributor and service provider. We provide solutions to OEM’s and companies with MRO and automation needs in both heavy and light manufacturing. B&D Industrial is parent to three specialty divisions: MRO+Automation Solutions, Scale Systems, and Gearing+Reliability Solutions, which operate over 30 facilities in Georgia, Florida, Tennessee, Louisiana, North Carolina, South Carolina and Washington. The company’s portfolio includes Washington-based Western Machine Works, Inc. and e-commerce enterprise, Industrial Control Direct. B&D Industrial is headquartered in Macon, Georgia. For more information, visit www.bdindustrial.com.