Hazel Park’s Motor City Industrial, a distributor of fasteners and related industrial products, has acquired Smith Fastener in West Virginia. This is the third acquisition by Motor City. Details of the transaction were not disclosed.
The combined companies now serve more than 20 states from seven locations with 135 employees.
“We are excited to have Brian Smith join the team and look forward to watching him further the Smith family’s legacy,” says Joe Stephens, CEO of Motor City Industrial. “We hope to bring the combined customer base new opportunities for profitable growth with Motor City Industrial.”
Smith Fastener is a distributer of industrial consumables and ancillary products throughout North America. It has locations in West Virginia, Pennsylvania, and Texas. It offers supply chain solutions for more than 20,000 SKUs, including corrosion resistant coating services for mission critical parts. It also provides in-house emergency fabrication of custom components to minimize downtime for its customers.
“I am proud of what my family has built and excited to join the Motor City Industrial team to begin a new chapter with Smith Fastener,” says Brian Smith, executive vice president and general manager for Smith Fastener. He is the third-generation owner of the company. “Motor City Industrial’s strategic support, while respecting what makes us unique to our customers and associates, was the ideal partnership for the future of Smith Fastener.”
Motor City specializes in supply chain management solutions. It was backed by Kian Capital Partners and Oakland Standard Co.