MSC Industrial Direct Co., Inc. (NYSE: MSM), Melville, NY, No. 12 on MDM’s list of the top industrial distributors, has acquired American Tool Supply, Inc. and its affiliate, American Specialty Grinding Co., Inc. The two companies together generate $50 million in annual sales. Terms of the transactions were not disclosed.
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\”This is a great opportunity for MSC, ATS and ASG, our associates, customers and our suppliers. Together, we will bring a depth and breadth of metalworking expertise, services and solutions to our customers that are unmatched in the industry,\” says Rich Duplessie, director of American Tool Supply.
Headquartered in Chicopee, MA, American Tool Supply, Inc. provides a full line of metalworking supply through locations in Massachusetts, New Hampshire, Connecticut and North Carolina. American Specialty Grinding Co., Inc., also headquartered in Chicopee, specializes in custom made tools and re-sharpening services.
