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F& M Mafco to Buy Carolina Industrial Tools


F & M Mafco, Inc., Cincinnati, OH, a distributor of construction and industrial supplies, has agreed to buy Carolina Industrial Tools, Inc., Charlotte, NC. Carolina is a distributor of tools, equipment, consumables, machinery and related products.


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The Carolina Industrial Tools acquisition will expand F & M Mafco's ability to serve customers in the southeast U.S.


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Mike McKenna, vice resident of sales, said: “Not only does this acquisition carry out our strategic plan, it also adds to our already growing business in the consumables market and will give us the opportunity to establish our tool & equipment rental capabilities in this area.


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F & M Mafco is a distributor of construction tools and ...

F & M Mafco, Inc., Cincinnati, OH, a distributor of construction and industrial supplies, has agreed to buy Carolina Industrial Tools, Inc., Charlotte, NC. Carolina is a distributor of tools, equipment, consumables, machinery and related products.


&nbsp ;


The Carolina Industrial Tools acquisition will expand F & M Mafco’s ability to serve customers in the southeast U.S.


&nbsp ;


Mike McKenna, vice resident of sales, said: “Not only does this acquisition carry out our strategic plan, it also adds to our already growing business in the consumables market and will give us the opportunity to establish our tool & equipment rental capabilities in this area.


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F & M Mafco is a distributor of construction tools and equipment, industrial supplies, welding products, cranes, hoists and derricks. F & M Mafco is a supplier to the steel, petrochemical, power generation and other process steam related industries industry.


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F & M Mafco, Inc., has offices in Birmingham, AL; Carson City, NV; Dubai, UAE; Evansville, IN; Houma, LA; Kansas City, MO; Nottingham, UK; Orlando, FL; and St. Croix, USVI.


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