Pumptek: Dayton region manufacturer acquired by Columbus firm

A Dayton region engineering company was acquired by a Columbus company that specializes in industrial equipment distribution. Columbus-based Ohio Transmission Corp. has acquired Monroe-based PumpTek. Financial terms of the acquisition were not disclosed. PumpTek's two founders and five employees will remain in Monroe under Ohio Transmission Corp. management, a spokeswoman told me. PumpTek, founded by Tim Marklay and Scott Sapita, has a sales presence in much of OTC's current footprint, including...