AMSOIL Pursuing Aggressive Growth in Industrial Markets
AMSOIL INC., a prominent player in synthetic lubricant technology, completed the acquisition of Aerospace Lubricants, located in Columbus, Ohio, in June 2024. Alan Amatuzio, Chairman and CEO of AMSOIL, remarked, “Acquiring Aerospace Lubricants provides us with a robust new partner in grease formulation and production.” He further stated, “We plan to invest in Aerospace to improve the operational capabilities and capacity.”
Recognizing that Aerospace Lubricants is integral to AMSOIL’s growth strategy, JobbersWorld reached out to Amatuzio for insights into the company’s expansion beyond its long-standing achievements in the automotive, powersports, industrial, and racing sectors.
“I have desired to expand our presence in industrial markets for some time,” said Amatuzio. “We’re still committed to formulating the best products for automotive and powersports consumers – our investments in those areas are only increasing – but we are pursuing aggressive growth in industrial markets as well.”
Amatuzio noted that AMSOIL is investing significant resources in the company’s brand, products and solutions to grow organically, but strategic acquisitions are a major part of the plan for diversifying the business. “Those acquisitions will primarily be in the industrial space,” said Amatuzio. “We’ve made two acquisitions already in industrial lubricants and grease, and we’re actively pursuing more and investigating potential partnerships.”
To learn more about AMSOIL Industrial, visit AMSOILIndustrial.com.