Stellar Industrial acquires JLM Industrial Supply in Nevada

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TACOMA, WA – Stellar Industrial Supply, which distributes over 35,000 MRO products and tools from over 1,500 brands for Safety, Metalworking, Marine sourcing, aerospace, and other general manufacturing and processing organizations, and also offers customized indirect materials management, announced on January 13 the acquisition of Sparks, NV, an industrial distribution and sourcing company integrated JLM Industrial Supply. The acquisition gives Stellar Industrial Supply an immediate and strong market presence in the northern Nevada region.

The acquisition is expected to close on March 31, 2022. Terms were not disclosed.

WiborgWiborg“We are excited to build on the reputation and platform that JLM has established in the Sparks area, while expanding the Stellar Industrial Supply brand in this market,” said John S. Wiborg, president and CEO of the management of Stellar Industrial Supply. “We will offer a wider and broader range of supplies and services for MRO, Safety Supply, Metalworking, Abrasives and Supply Chain Solutions, with a deep commitment to providing customer service. , the exemplary care and experience that both companies are known for,” continued Wiborg.

The acquisition of JLM Industrial marks the eighth by Stellar Industrial Supply in the past 15 years. The company will now have 13 regional branches, including: Portland, OR, Albany, OR, Everett, WA Tacoma, WA, Seattle, WA, Spokane, WA, Upland, CA, San Luis Obispo, CA, Billings, MT, Phoenix, AZ , Lawrence, PA, Sparks, NV and Tampa, FL. As part of the acquisition, Stellar will recruit 10 new teammates, bringing its headcount to approximately 190 company-wide.

“This is a great next step for JLM Industrial. We look forward to a smooth and seamless transition, and our customers and suppliers can expect the same level of honesty, openness and commitment they have come to know,” said Michael Stuart, President of JLM Industrial. . Mr. Stuart will join the Stellar team as the Commercial Market Leader for the geography he serves.

Stellar logo 605a591e3f05bIn addition to its wide range of products, Stellar Industrial Supply is known for its Documented Cost Savings (DCS) program which creates “ideal customer-supplier partnerships”. Working on behalf of both parties, Stellar Industrial Supply deploys the most efficient and cost-effective products that optimize plant operations and help keep them running smart and safe.

In 2021, DCS generated nearly $17.9 million in savings in 2021, or an average DCS of $48,378 across 370 customers. Over the past 10 years, the program has generated more than $148 million in customer savings and reduced costs.

JLM Industrial is headquartered in Sparks, NV. The company was founded by John L Moser in 1973. Michael Stuart purchased the company in 1988 and remains its sole shareholder. JLM Industrial is committed to providing the best value by helping manufacturers with technical support and managing their inventory of indirect supplies. Indirect supplies include MRO (maintenance, repair and operation), metallurgy and security products. JLM Industrial serves a wide range of industries throughout the Northern Nevada region.

Stellar Industrial Supply distributes over 35,000 MRO products and tools from over 1,500 brands for safety, metalworking and marine supply, general manufacturing and processing, machine and metalworking shops, and marine and construction organizations. Stellar also offers custom indirect materials management solutions; and a wide range of hand tools, power tools, cutting tools, abrasives, chemicals and spray paints, workshop, safety, marine and construction supplies. Stellar is a proud member of Affiliate-Wholesalers and the Industrial Supply Association.

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