TULSA, OK (May 8, 2024) – BlackHawk Industrial, a market-leading distributor of metalworking and other mission-critical industrial products, announced today that it has executed once again on its growth strategy and completed the acquisition of Factory Outlet Tooling in Richardson, Texas. Financial terms of the transaction were not disclosed.

BlackHawk has been accelerating its acquisition activity in recent years, significantly bolstering its capabilities by aggressively expanding to reach more customers across the country and around the world. Today’s transaction marks another milestone in its strategic plan, facilitating entry into new product categories, geographical territories, and industry sectors.

FOT emerged as a prominent manufacturing tool distributor serving diverse sectors including metalworking, aerospace, oil & gas, automotive, and job shop manufacturing. FOT earned recognition for its exceptional service in helping corporations streamline operations and reduce costs across various components, purchases, shipping, and delivery times. The acquisition underscores BlackHawk's commitment to aggressive expansion, leveraging FOT's expertise to tap into new markets and enhance its global footprint.

“For almost 20 years FOT has been a staple in the North Texas area,” said Chris Springer, president of Factory Outlet Tooling. “Joining forces with BlackHawk Industrial is a natural fit for us. The buying power coupled with vast product lines as well as FOT’s expertise will allow our customers a winning combination to stay competitive in our market. I am excited for our companies as well as our customers and look forward to continued growth for many years to come.”

“Our number one priority is being the leading resource in the industrial space for saving customers money and being a catalyst for their success,” said John Mark, president and CEO of BlackHawk Industrial. “With FOT’s team of experts and ours, we can offer new and broader services in another strategic market. We are looking forward to sharing our value proposition with the North Texas market and all our customers around the world. It is extremely exciting to have the talented associates of FOT join BlackHawk and contribute to our ongoing success.”

BlackHawk is intent on creating additional value for industrial manufacturers, by expanding into new geographic markets to reach more of its production facilities; expanding its product offering to provide fresh products and services that end-users value; and investing in sales channels which improve the effectiveness of its technical sales resources. Today’s acquisition is just one of several pieces in BlackHawk’s growth strategy to build the only distributor that is truly “Big Enough to Serve and Small Enough to Care.”

BlackHawk distinguishes itself as the number one choice for industrial manufacturers who need technical service and production savings. Known as the “across the production floor” partner, the Company delivers value through product and supply chain performance that lowers the total cost of production. BlackHawk is an Industrial Distributor with locations across the U.S., Mexico, United Kingdom, and the Philippines. It markets over 2.5 million products from the industry’s top brands with a heavy emphasis on metal-working products.

As it plans to continue expanding in the months and years ahead, BlackHawk Industrial is actively seeking opportunities to acquire new partners and integrate them into its industry-leading operating system. Interested parties should contact the acquisitions team at [email protected].

About Factory Outlet Tooling

Established in 2004, Factory Outlet Tooling is a leading industrial manufacturing tool distributor for metalworkers, aerospace, oil & gas, automotive, and job shop manufacturing. Headquartered in Richardson, Texas, FOT assists corporations in reducing their component costs, purchasing costs, shipping costs, delivery times, and expenditure accounts.

About BlackHawk Industrial

BlackHawk Industrial is a leading industrial distributor, focused on metalworking such as carbide cutting tools, abrasives and saw blades. The Company provides a full line of MRO, industrial fasteners, and packaging products. BlackHawk has the expertise and capability to provide custom industrial vending solutions and creative design, build, and supply chain solutions. The highly technical sales staff strives to deliver world-class service and cost savings across the customer’s production floor.

For more information about BlackHawk Industrial visit www.BHID.com.

Media Contacts
Laurie Janu
BlackHawk Industrial
1-855-610-1001
[email protected]