BlackHawk tops year of growth with another expansion
BlackHawk Industrial, a distributor of metalworking and other mission-critical industrial products, announced it has executed again on its growth strategy and completed the acquisition of Alro Industrial Supply in Jackson, Michigan, with additional locations in Grand Rapids, MI and Clearwater, Florida.
The addition of these three Alro locations establishes a strong footprint for BlackHawk in Michigan and further expands the company’s presence in the Florida market. Financial terms of the transaction were not disclosed.
Alro Industrial Supply was a subsidiary of Alro Steel Corporation – a well-respected metals and plastics distributor with over 80 locations and based in Jackson, MI since 1948.
BlackHawk is accelerating its acquisition activity and bolstering its capabilities by aggressively growing across the country and around the world. The Alro Industrial Supply operation is an exceptional fit for BlackHawk, expanding its footprint and increasing proximity to customers with a common product offering and strong focus on technical service. Today’s transaction is another example of the company’s aggressive plan to expand into new product categories, geographical markets, and industry segments.
President and CEO of BlackHawk Industrial, John Mark said, “Our ambitious acquisition strategy continues to be fueled by our number one priority of saving our customers money and being a catalyst for their success. We continue to build the largest technical sales force in the industry. The addition of Alro Industrial Supply’s team of experts just extends our lead. We look forward to building on the value that Alro has brought to so many customers in the Michigan and Florida Markets. It is extremely exciting to have the talented associates of Alro Industrial Supply join BlackHawk and contribute to our ongoing success.”
“BlackHawk Industrial is the perfect partner to position Alro Industrial Supply into the future,” said Randy Glick, CEO of Alro Steel Corporation. “Like Alro, BlackHawk highly values providing cost savings and productivity improvements to their customers. BlackHawk possesses the resources, the systems, and market focus to continue with investment and expansion in the highly competitive industrial supply space. Alro looks forward to continuing its investment and growth in the Steel and Plastics businesses.”
INDUSTRIAL SUPPLY MAGAZINE
The November/December issue of Industrial Supply magazine features an in-depth cover story about Kimball Midwest. Plus, we're featuring articles by contributing writers Dirk Beveridge, Frank Hurtte, and Mike Marks, as well as interviews with numerous product and distribution industry experts.
