The 2020 Mid-Year Economic Update_long

Industrial Supply Co. Acquires Paxton Production Tools

Deal expands Utah-based distributors metalworking business.

Industrial Supply Co., Salt Lake City, UT, has acquired Paxton Production Tools, a cutting tools distributor also based in Salt Lake City. Terms of the deal were not disclosed.

The deal expands Industrial Supply’s product and service offering and will help the distributor grow its metalworking business, the company said.

Paxton Production Tool will maintain its brand and continue to operate from its current location, according to Industrial Supply Co.

 

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