MARCH 2018
A&M Industrial Acquires ITS And STS
In an effort to strengthen their ability to service New England's manufacturing industry, in late 2017, A&M Industrial officially acquired Industrial Tool Specialist (ITS), an industrial distributor headquartered in Springfield, Vermont. ITS built their 45-year reputation in the metalworking industry as a leader in providing application support and technical assistance to manufacturing companies and machine shops throughout New England.
David Young, President of A&M Industrial, stated, “ITS’ affiliation with A&M Industrial broadens its product line and enables ITS to offer its customers access to a host of leading global manufacturers of quality tooling and abrasives. ITS, like A&M, has distinguished itself as an organization with an unwavering commitment to the success of their customers.” Local New England customers will benefit from a thoroughly expanded cutting tool, precision measuring tool, abrasives, hand and power tools, machining fluids, safety and PPE inventory, with over 1,000,000 items available via A&M Industrial's comprehensive shopping website.
In March 2018, A&M Industrial negotiated an agreement with Springfield Tool Supply (STS), also of Springfield, VT, to incorporate all their industrial cutting tool business into A&M Industrial as well. New England customers will see the same high level of technical sales and support as before, now paired with a much deeper product portfolio and a wider range of services, including Vendor Managed Inventory. Plans to centralize operations in the Vermont and New Hampshire area into a single, more convenient location are in the works, and will be announced when information is available.
SOURCE: A&M Industrial
About A&M Industrial:
A&M Industrial is a leading independent metalworking tool and industrial supply distributor with branches across the East Coast, primarily serving the industrial manufacturing industry in the United States. A&M Industrial offers over one million metalworking and machining tools, maintenance, repair, and operations (MRO) products, and a wide variety of safety and PPE solutions. Renowned throughout the industry for their experienced staff and know-how, A&M Industrial provides an extensive range of services designed to increase customer productivity, efficiency and safety. Since 1954, A&M Industrial has continued to build a legacy upon founder Arny Young’s core principle: put people first, and success will follow.
Media Contact:
Mark Abraham
mabraham@am-ind.com
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