Motor City Industrial acquired Quality Fastener and Supply Co. for an undisclosed sum.
Founded in 1982, Oxford, MI-based Quality Fastener distributes industrial fasteners and ancillary products to blue-chip customers and local businesses.
“We are excited to have the Quality Fastener team join Motor City Industrial and look forward to our future together,” stated Motor City CEO Joe Stephens. “Jim Hiatt and John Shepard have built a tremendous company and we are thankful they have trusted us to continue this legacy.”
In February, Motor City acquired South Charleston, WV-based Smith Fastener in partnership with its 3rd generation owner, Brian Smith. It was reportedly Motor City’s third acquisition.
Motor City, headquartered in the Detroit area, distributes specialty fasteners to manufacturers. Since 2017 Motor City has been headed by CEO Joe Stephens, who led the acquisition of EMCO, a Charlotte, NE-based distributor. Motor City is headquartered at 1600 E. 10 Mile Rd., Hazel Park, MI 48030. Tel: 248 399-2830 Web: motorcityindustrial.com
The company is backed by Kian Capital Partners and Oakland Standard Co.
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