As reported in Late-Breaking News in May Supply House Times, Newport News, Va.-based Ferguson Enterprises signed an agreement to purchase the assets of Full Service Supply (FSS), headquartered in Latrobe, Pa. FSS is a wholly-owned subsidiary of J&L America, which in turn is a wholly-owned subsidiary of Kennametal.
FSS is an integrated supplier, focused on delivery of Maintenance, Repair and Operations (MRO) supplies to customers in the manufacturing sector. It serves 114 customers across 33 states in the United States and one province of Canada. The company had sales of about $139 million for the fiscal year ended June 30, 2004, and employs 226 associates.