Industrial Supply Co., Salt Lake City, UT, has acquired Paxton Production Tools, a cutting tools distributor also based in Salt Lake City. Terms of the deal were not disclosed.
The deal expands Industrial Supply’s product and service offering and will help the distributor grow its metalworking business, the company said.
Paxton Production Tool will maintain its brand and continue to operate from its current location, according to Industrial Supply Co.
Read the latest articles and see your reports.
The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.
Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.
By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.
Wholesale distribution news and trends delivered right to your inbox.
Sign-up for our free newsletter and get:
