NSI Industries has acquired Metallics
NSI Industries has acquired Metallics, a Bristol, Connecticut–based manufacturer and supplier of fasteners and related supplies.
The acquisition also allows NSI to further key inroads into the electrical, HVAC, and building technologies markets, the company said.
“Metallics has been serving tradesmen since 1959 with a foundation built upon quality, reliability, and innovation,” said David DiDonato, CCO for NSI. “NSI has been interested in the Fasteners category for some time and we’re delighted to be bringing the Metallics product line into our portfolio. This acquisition represents a strategic addition to our company and one that I’m sure our loyal distributors and end users will appreciate.”
“On behalf of the Mola family, I am both pleased and very grateful that NSI has purchased Metallics and has chosen to keep it in its original birthplace, Bristol, Connecticut,” said Randy Mola, Metallics president. “During our 62-year history, Metallics has employed hundreds of families in and around Bristol, and they have all played a role in our success. Knowing that this trend will continue going forward brings with it a comforting peace-of-mind. Longevity and loyalty have played a key role in our success, and today 30 percent of our workforce has been with for more than 22 years.”
INDUSTRIAL SUPPLY MAGAZINE
The March/April issue of Industrial Supply magazine features an in-depth cover story about Joyce Lansdale and Vallen. Plus, we're featuring articles by contributing writers Dirk Beveridge, Frank Hurtte, and David Kahle, as well as interviews with numerous product and distribution industry experts.
