The 2020 Mid-Year Economic Update_long

Wm. F. Hurst Acquires CRC Inc.

According to news release, Hurst has been researching purchase and roll-up opportunities.

Wm. F. Hurst Co. Inc., Wichita, KS, a family-owned distributor of power tool products, tool crib products and integration systems has acquired CRC Inc., Grand Prairie, TX, a distributor of power tools, fabrication solutions and fluid handling systems.

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Hurst will add staff and training to expand the fluid handling business of CRC.

CRC's founders, Frank and Mary Ann Campbell, will remain with the company.

“Hurst has been researching purchase and roll-up opportunities to continue to lean our overall cost structure and expand our geographical footprint and our proprietary product offering.” said Chris Snyder, vice president of sales. “We will transition the existing business with uninterrupted services, expand our customer service offering, yet maintain our core competencies for our customers and our vendors."

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