Tacoma, Washington-based MRO distributor Stellar Industrial Supply on Oct. 11 said it has acquired Longmont, Colorado-based Triad Tooling.
Financial terms were not disclosed.
It is Stellar’s 10th acquisition in the past 15 years. Most recently, in January, the company acquired JLM Industrial Supply, a Sparks, Nevada-based industrial distribution and integrated supply firm.
Stellar said the Triad Tooling acquisition will give the company “an immediate and strong market presence in the Rocky Mountain region, offering customers a much wider breadth and depth of products.”
With the deal, Stellar now has 14 regional hubs: Portland and Albany, Oregon; Everett, Tacoma, Seattle and Spokane, Washington; Upland and San Luis Obispo, California; Billings, Montana; Phoenix, Arizona; Lawrence, Pennsylvania; Sparks, Nevada; and Tampa, Florida.
Stellar will bring on five new teammates from the Triad Tooling agreement, bringing its headcount to approximately 210 companywide.
“Triad Tooling is renowned in the Rocky Mountain Region for its reputation and commitment in delivering the best products, best service, and best customer experience, bar none,” said Stellar Industrial Supply president and CEO John S. Wiborg. “Stellar Industrial Supply is honored to build on that tradition and eager to serve the Rocky Mountain region moving forward.”
Related Posts
-
This deal is expected to strengthen the company's plans to provide technical expertise and 'relentless'…
-
The deal is expected to expand Alaska Rubber Group branch locations to 12 across Alaska,…
-
PIP said the deal expands its operations in southern and eastern Europe by adding more…