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Motor City Industrial picks up Smith Fastener

Motor City Industrial recently acquired Smith Fastener in partnership with Smith’s third-generation owner, Brian Smith.

This is the third acquisition by Motor City Industrial, the company said, further expanding its product and service offerings to customers from “diversified sectors and geographies.”

Smith Fastener is a distributor of industrial consumables and ancillary products throughout North America from locations in West Virginia, Pennsylvania and Texas. Founded in 1965, Smith Fastener offers supply-chain solutions for more than 20,000 SKUs, including corrosion-resistant coating services for mission critical parts. The company offers supply chain engineering and technical support, and provides in-house emergency fabrication of custom MRO components to minimize downtime for its partners.

Brian Smith succeeds his father, Jim Smith, and grandfather, Willie Smith, to lead the organization going forward, Motor City said.

“I am proud of what my family has built, and excited to join the Motor City Industrial team to begin a new chapter with Smith Fastener,” said Brian Smith, Smith Fastener’s executive vice president and general manager.

“Motor City Industrial’s strategic support, while respecting what makes us unique to our customers and associates, was the ideal partnership for the future of Smith Fastener.”

Joe Stephens, CEO of Motor City, echoed the sentiment.  

“We are excited to have Brian Smith join the team and look forward to watching him further the Smith family’s legacy,” Stephens said. “We hope to bring the combined customer base new opportunities for profitable growth with Motor City Industrial.”

TAGS: Chassis News
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