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Headquarters: Ramsey, NJ
2010 Revenues: $815 million
Change in Sales from 2009: 12.41%
2010 Acquisitions: Oliver Van Horn Co.
Locations: 110 (North America)
Employees: 5700
Key Executives: CEO of Wurth Group, North America, Robert Stolz
Wurth Industry of North America is part of the Adolf Wurth GmbH & Co. KG based in Kanzelsau, Germany. Wurth in North America distributes fasteners, assembly and MRO products to customers in the heavy manufacturing, truck, agricultural equipment, electronics, railcar, construction equipment and recreational vehicle industries. The distributor acquired Oliver H. Van Horn Co. in late 2010. The acquisition grew Wurth’s reach into a complementary market category to its core. MRO in the U.S. is a growth area for the distributor. Robert H. Stolz, CEO of North America for The Wurth Group, spoke with MDM about the company’s structure. \”It’s a unique company, a family business,\” Stolz says. \”But it is decentralized, with more than 400 companies in 84 countries.\” About the Oliver Van Horn acquisition, he said: \”We’re interested in supporting Van Horn’s growth, within its structure, and will be looking for additional industrial supply companies. Wurth offers its companies support functions through a corporate culture of discipline, benchmarking and professional standards to support their growth.\”
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