Quality Mill Supply acquired
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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowFranklin-based Quality Mill Supply Co., a longtime industrial supplier, has been acquired by Martin Supply, an industrial supply company based in Alabama. QMS was started in 1944 and operates five locations throughout Indiana.
Quality Mill sells a variety of materials for industrial use, including tools, raw materials and lubricants. The new owner says all 80 QMS employees will be retained.
“We are proud of QMS’s legacy and delighted that we will be joining forces with a team whose values and culture mirror our own”, said Evan Gilbert, president of QMS and the third generation to run the company.
Martin was started in 1934 and has 13 distribution centers in five states.
“We are excited to have Quality Mill Supply join the Martin team,” said David Ruggles, president of Martin Supply. “We share a common mission to help companies operate better. Our combined strengths will bring even more resources and expertise to the growing Indiana industrial market.”
Financial terms of the acquisition were not disclosed.