Troy Industrial Acquiring B&J Electric Motor Repair

A tip from a vendor led Jason Smith to the first acquisition in the 150-year history of his family’s company in upstate New York. Smith, as president and CEO of Troy Industrial Solutions, is buying a motor shop in southwest Connecticut. He expects the purchase to close early next month. The purchase signals that Troy Industrial Solutions views geographic expansion as the best way to drive growth. The acquisition also enables Smith, age 35, to…

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Still Water Runs Deep

Water always finds a way to be in the wrong place at the wrong time. At least when it comes to electric motor and drive reliability. Moisture settling on the insulation of your electric motor will reduce the resistance-to-ground and increase the capacitance-to-ground readings. These facts are well known. Not as well known, is the fact that a poor ground wall insulation condition can also be detrimental to the operation, reliability, and life expectancy of…

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What’s in a Name? Navigating the Waters of Re-Branding and Name Changes

VISIONS – Magazine of the Albany-Colonie Chamber of Commerce Since 1862, the Troy Belting & Supply Company has provided products and services to help other industries succeed. In the early days, it furnished local manufacturers, mills, breweries, ironworks factories and horse-and-buggy companies with leather belting, harnesses and other supplies. Jason W. Smith was named president of the business in January. His grandfather, Ray L. Smith, started as an errand boy in 1922, eventually becoming sales…

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New name for Troy Belting; next up, an acquisition?

The Business Review: It’s more than just a new name that’s changing at a local industrial repair business. The company that had been known as Troy Belting & Supply Co. changed its name Thursday to Troy Industrial Solutions (although it’s actually located in Watervliet). The bigger change: Third-generation president and CEO Jason Smith said he expects to acquire a competitor in the Northeast by the end of this year. “We are having active conversations with…

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Capital Region Media come out in force to cover Troy’s 150th Anniversary celebration.

Capital Region media outlets came out in full force to cover Troy’s 150th Anniversary celebration. The event – attended by dignitaries, long-standing clients, and employees – highlighted a new company name for the next era: Troy Industrial Solutions. View some of the coverage: Times Union Business Review WNYT – Channel 13 Troy Record The Buzz (TU Business Blog) Visions (Magazine of the Albany-Colonie Chamber)

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Troy Belting & Supply now Troy Industrial Solutions as firm’s focus evolves

Troy Belting & Supply once produced the leather belts that ran 19th-century factories from a central power source. They were a way to transfer power from devices such as South Troy’s Burden water wheel to the machinery that made a range of products from railway spikes to horseshoes. The company, now celebrating its 150th year — it began life on Grand Street in Troy in 1862 as the J. Leroy Pine Co. — on Thursday said…

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