Posted January 14, 2022

Stellar Industrial Supply acquires JLM Industrial Supply

Stellar Industrial Supply has acquired JLM Industrial Supply of Sparks, Nevada, an industrial distribution and integrated supply firm.

Stellar Industrial SupplyThe acquisition, which gives Stellar Industrial Supply a presence in the North Nevada area, is scheduled to close March 31, 2022. Terms were not disclosed.

“We are ecstatic to build upon the reputation and platform JLM has established in the Sparks area, while extending the Stellar Industrial Supply brand into this marketplace,” said John S. Wiborg, Stellar Industrial Supply president and CEO. “We will offer a deeper and broader array of supplies and services for MRO, safety supply, metalworking, abrasives and supply chain solutions, with a deep commitment to delivering the exemplary customer service, care, and experience that both companies are known for.”

The acquisition of JLM Industrial marks the eighth by Stellar Industrial Supply over the past 15 years. The company will now have 13 regional branches including: Portland and Albany in Oregon; Everett, Tacoma, Seattle and Spokane, Washington; Upland and San Luis Obispo, California; Billings, Montana; Phoenix, Arizona; Lawrence, Pennsylvania; Sparks, Nevada; and Tampa, Florida. As part of the acquisition Stellar will bring on 10 new teammates, bringing its headcount to approximately 190 companywide.

“This is an excellent next step for JLM Industrial. We look forward to a smooth and seamless transition, and our customers and vendors can expect the same level of honesty, straightforwardness and commitment they have come to know,” said Michael Stuart, president of JLM Industrial. Stuart will join the Stellar team as the commercial market leader for the geographic area he serves.

In addition to its wide range of products, Stellar Industrial Supply is known for its Documented Cost Savings (DCS) program that creates “Ideal Customer-Supplier Partnerships.” Working on behalf of both parties, Stellar Industrial Supply deploys the most efficient, cost-effective products that optimize plant operations and help run them smartly and safely.

In 2021, DCS generated nearly $17.9 million in 2021 savings, or $48,378 average DCS across 370 customers. Over the past 10 years the program has accrued more than $148 million in customer savings and reduced costs.