Posted September 5, 2023

Martin Inc. exec VP dies

It is with great sadness that Martin Inc. announces the sudden and unexpected passing of its executive vice president of fastening solutions, Marc Strandquist on August 31. He was 61.

Marc Stransquist – dead Aug. 31A seasoned global executive leader, Strandquist brought to Martin more than 35 years of valuable experience in the C-class component industry, overseeing companies across Europe, South America, and North America. In his illustrious career, he has held executive positions for over 24 years, driving value for parent organizations, from smaller entities with annual sales of $40 to $50 million to industry giants such as Würth Industry North America and Optimas Solutions, boasting sales of $850M and $650M respectively.

Strandquist had recently joined the Martin family in January 2023, operating out of the Jackson, Tennessee location.

“In the short time he was with us,” said Douglas Ruggles, co-CEO, “his impact was significant, enhancing the strategy and operations of our Fastening Solutions division. His passion, dedication, and invaluable insights will be deeply missed by both colleagues at Martin and professionals in the broader fastening industry.”

Details for the memorial service in his honor are:

Visitation: Friday, September 8, from 4-7 p.m. | Location: Fred C. Olson Chapel, 1001 Second Ave., Rockford, Illinois
Funeral: Saturday, September 9, at 11 a.m. (Visitation from 10-10:45 am) | Location: Fred C. Olson Chapel, 1001 Second Ave., Rockford, IL

Ruggles said, "As we mourn this immense loss, we are reminded of the deep connections within our business community. We remain committed to honoring Marc's legacy in our forthcoming endeavors and express our gratitude to our esteemed partners for their unwavering support during this difficult time."