The 2020 Mid-Year Economic Update_long

ST Solutions Acquires JSM Industrial Supply

Acquisition expands ST Solutions' footprint in North and South Carolina.

ST Solutions, Salem, VA, has acquired JSM Industrial Supply, Lexington, SC, in a cash asset purchase transaction. JSM Industrial Supply distributes cutting tools and coolant to metal working industries in North and South Carolina. In addition, JSM provides inventory and coolant management solutions to manufacturing facilities.

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The acquisition broadens the service footprint of ST Solutions, combines purchases to strengthen buying power, reduces backroom costs and frees up JSM management to pursue sales growth.

ST Solutions is based in Salem, VA, with operating branch offices in Greenville, SC, Louisville, KY, and Ft. Worth, TX.

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