The Bostwick-Braun Company‘s Industrial Business Division has acquired Mill Supplies, Inc. (MSI). Operating out of Fort Wayne and Indianapolis, MSI is a contractor and industrial supply company that has supported the OEM, construction, and metalworking industries in Indiana and Ohio for over 60 years.
MSI is a regional distributor of power tools, abrasives, cleanroom, MRO, and safety products and has earned a loyal following among OEMs and contractors. MSI has been an active member of Affiliated Distributors (AD) for over 25 years.
The Industrial Division of Bostwick-Braun is a supplier in the OEM, construction, and metalworking industries, including fastening systems, power tools, cutting tools, MRO, and more, making MSI an ideal addition.
“We are executing our strategy to be the premier full-line industrial distributor in the Midwest,” said Mark C. Christie, CEO of The Bostwick-Braun. “Bostwick-Braun is proud to be a 100% employee-owned company, and we believe MSI shares many of the same values that we hold important as an ESOP.”
Andy and Karen Beckstein, who owned and operated MSI for the past 28 years, will continue with the company in key management roles. Andy will serve as MSI’s GM, leading the Fort Wayne and Indianapolis locations, and Karen will focus on supply chain and supplier development.
Former owner Andy Beckstein said, “Karen and I are excited to announce the acquisition of our company, Mill Supplies, Inc., by the Bostwick-Braun company. We feel it is the best possible succession plan for our employees and business. Our employees are our success story; offering them employee ownership with Bostwick-Braun is exciting and fulfilling. The partnership with Bostwick-Braun makes us both stronger, better, and poised for future success.”
“The addition of MSI to our industrial group of companies will enable us to continue to grow our footprint, deliver technical solutions to solve customers’ challenges, and offer tailored, value-added solutions to help our customer’s businesses grow profitably,” added Christie.