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Working around a dining table with two phone lines, they connected with top industry figures in the nascent computing industry. Smith is now one of the largest independent distributors in the semiconductor and electronic components industry, and currently ranks 11th among all global distributors. [1] The 1990s saw marked growth for the company.
In 2017, MSC acquired DECO Tool Supply Co., an industrial supply distributor based in Davenport, Iowa, to expand its footprint in the region. In 2018, MSC acquired All Integrated Solutions, a value-added distributor of industrial fasteners and components, MRO supplies and assembly tools based in Franksville, Wisconsin .
Founded, Number of Locations [1] Headquarters, Number of Employees [ 2 ] Applied Industrial Technologies, Inc. (AIT) is a public , global company based in the U.S. and focused on the distribution of bearings, power transmission products, engineered fluid power components and systems, specialty flow control products, and other industrial supplies.
Hillman acquired Serv-A-Lite, another distributor of fasteners and related hardware. Serv-A-lite was established in 1979 and based in East Moline, Illinois. The Servalite trademark is now applied to some electric lamp hardware. Hillman bought a sizeable Canadian rival distributor H. Paulin for $103 million in February 2013 [17] [18]
The company was founded in 1901 at 160 East Lake street in Chicago as the McMaster-Davis Supply Company. [6] [7] Starting with $50,000 in investor capital, its founders were T.J. McMaster, a former stationary engineer, and F.C. Davis, who had been a chief engineer in the U.S. Navy.
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