Motion Industries, a subsidiary of Genuine Parts Co (GPC), announced that it has acquired substantially all of the North American assets of BC Bearing Engineers Ltd. headquartered in Vancouver, British Columbia and US Bearings & Things Inc. headquartered in Vancouver, Washington.
BC Bearing Engineers and US Bearings & Things, d/b/a US Bearings and Drives, provide an extensive product offering along with technical support and design capabilities for a broad customer base including forestry, pulp and paper, mining, agriculture, oil and gas, petrochemicals, food processing, transportation, electronics, and wind energy customers.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.