Stellar Industrial Supply, which distributes more than 90,000 MRO (maintenance, repair and operation) products and tools from more than 1,500 brands announced the signing of a Letter of Intent to acquire Memphis, Tennessee-based metalworking distributor IMC Supply (IMC).
Marcone employees took part in Wreaths Across America, a nationwide initiative involving two million volunteers placing wreaths at more than 3,700 cemeteries across the U.S., Puerto Rico and abroad.
With an investment of $25 million US dollars, the plant adds 172,000 sq. ft. (16,000 sq. m.) of manufacturing and warehouse space and is projected to create 300 new jobs when it reaches full production during 2024.
The Edge Group is a market-leading buying group that connects independent distributors and manufacturers in the datacom, security, low voltage, audio/video, electronic MRO and electronic OEM industries.