Stellar Industrial Supply, which distributes more than 90,000 MRO (maintenance, repair and operation) products and tools from more than 1,500 brands for safety, metalworking, marine supply, aerospace and other general manufacturing and processing organizations announced the signing of a Letter of Intent to acquire Memphis, Tennessee-based metalworking distributor IMC Supply (IMC). IMC, a 64-year old business focused on metalworking and technical support to both large and small manufacturing facilities in the Southeastern United States, becomes the 19th regional hub for Stellar Industrial Supply as it builds out a coast-to-coast presence.
“Stellar Industrial Supply is grateful to expand our coast-to-coast presence as this acquisition gives us an immediate strong Southeast regional footing. Mark Hill has done a marvelous job building IMC’s outstanding reputation for delivering high value, consultative partnering with their customers. That approach perfectly mirrors the laser-focused, customer-centric approach we strive for at Stellar,” said Stellar Industrial Supply president and CEO John Wiborg.