Motor City Industrial in Hazel Park today announced it acquired EMCO Inc., a Charlotte, NC-based industrial distribution and service business. The purchase marks the second acquisition in Motor City Industrial’s strategy to combine companies with strong distribution capabilities in the industrial consumables and ancillary products sector.
The acquisition of EMCO doubles the size of Motor City Industrial, which also has a facility in Farmington Hills. The company’s strategy continues to focus on expanding product lines and services, adding sales resources, and opening new locations throughout the Midwest and Southeast. Terms of the deal were not disclosed.
“Motor City Industrial is committed to a growth strategy that includes acquisitions of well-run, family-owned businesses with strong customer relationships and long employee tenure,” says Bryan Tolles, co-founder of Motor City Industrial. “Adding our technology and systems to the knowledge and experience of companies like EMCO creates a strategic advantage in the market that will benefit both our customers and employees.”
Founded in 1954, EMCO provides electrical, mechanical, fluid power, and automation products to a wide range of industries throughout the Southeast, while supporting its customers through inventory management and kitting as well as manufacturing, engineering, and technical services.
The newly-formed partnership will allow EMCO to supplement its wider range of industrial products with MCF’s expertise in the specialty fastener industry. EMCO’s customers will also now have access to Motor City Industrial’s supply chain management systems, including its smart inventory management system called Crib Boss.
Through the use of electronic scales and vending, Crib Boss is able to map customers’ supply chain and create a cleaner, more efficient inventory flow with enhanced visibility for both OEM and MRO products.
“Motor City Industrial shares a culture of customer service and values employee empowerment,” says Alan Williams, president of EMCO who will remain with the business post-closing. “It’s the partnership I was looking for to create more opportunities for the business and more importantly, our people.”
Motor City Industrial is backed by Kian Capital Partners and Oakland Standard Co. Both firms are experienced in the industrial distribution sector and committed to additional partnerships that will expand Motor City Industrial’s products, services, and geographic footprint.