MSC Industrial Direct Co., Inc. has expanded its presence in the Northeast by acquiring American Tool Supply, Inc. (ATS) and its affiliate, American Specialty Grinding Co., Inc. (ASG). The two companies together generate approximately $50million in annual sales. David Sandler, President and Chief Executive Officer of MSC, said, “We are very excited about acquiringAmerican Tool Supply, Inc. and American Specialty Grinding Co., Inc. as yet another step in the execution of our long-term Growth strategy. We’ve always had a lot of respect for their principals, Ray Fontaine, Jay Bath and Rich Duplessie, the outstanding team they have built as well as the value added capabilities of both ATS and ASG. Now, we bring together the best of both companies to add to our presence in the Northeast region.” Rich Duplessie, Director of ATS, said, “This is a great opportunity for MSC, ATS and ASG, our associates, customers and our suppliers. Together, we will bring a depth and breadth of metalworking expertise, services and solutions to our customers that are unmatched in the industry. We are very excited about the growth opportunity in front of us.” Erik Gershwind, Executive Vice President and Chief Operating Officer of MSC, said, “The acquisition allows MSC to continue to penetrate the metalworking market. It also gives MSC the ability to add more technical expertise to our team and more valueadded services to our customers. The acquisition positions MSC as a better metalworking distributor with more experience andmore expertise to serve our customers. MSC strives to take time and cost out of our customers’ operations through broad product offering and get it next day service and through our technology solutions and technical expertise, helping to take cost out of the production process.” Headquartered in Chicopee, MA, American Tool Supply, Inc. was founded in 1983. With locations in MA, NH, CT, and NC,American Tool Supply Inc. provides customers with a full line of metalworking supplies and an experienced metalworking sales team. Also headquartered in Chicopee, MA, American Specialty Grinding Co., Inc.was founded in 1969 and specializes in custom made tools and re-sharpening services. For more information contact: MSC Industrial Direct Co., Inc. 75 Maxess Road Melville, NY 11747-3151 800-645-7270 www.mscdirect.com
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