Market Research Report: Martin Supply

Company Overview

• Name of the Company: Martin Supply

• Mission: To provide custom-tailored solutions for industrial supply challenges.

• Founded: Established in 1934

• Founder: Louis Martin

• Key People:

• David Ruggles, Co-CEO

• Douglas Ruggles, Co-CEO

• Gordon Ruggles, Owner

• Steve McClanahan, CFO

• Bill Redding, Executive Vice President of Sales

• Scott Feldbush, Executive Vice President, IT and Operations

• Scott McDaniel, Executive Vice President, Fastening

• Jerry Pendley, Vice President, Safety

• David Salathe, Vice President of Sales

• Kevin Cozine, Vice President of Sales, Fastening

• Steve Priemer, Vice President, Integrated/National

• Alex Ruggles, Senior Director, Supply Chain

• Headquarters: 125 North Court Street, Florence, AL 35630

• Number of Employees: No information is available

• Revenue: No information is available

• Known For: Martin Supply is known for being a leading national distributor of Safety, Industrial, Fasteners, and Integrated supplies and services, offering solutions that enhance productivity and safety while reducing costs.

Products

Martin Supply offers a comprehensive range of products, including:

• Safety Equipment (PPE): Personal protective equipment designed to keep workplaces secure.

• Cutting Tools & Metal Working: Tools that enhance precision and efficiency in metalworking tasks.

• Hand Tools & Power Tools: A variety of tools to handle diverse industrial operations.

• Material Handling Equipment: Solutions to improve handling capacities in manufacturing environments.

• Pumps, Compressors, Paints, Lubricants, and Adhesives: Essentials for maintenance and operational improvements.

• Fasteners and Electrical Products: Components necessary for structural and electrical integrity.

Key Features

Safety Solutions:

• Customized solutions to minimize work-related incidents.

• Comprehensive safety supplies, training, and audit services.

Industrial Solutions:

• Metalworking support and industrial vending options.

• Vendor-managed inventory and tool repair services.

Integrated Solutions:

• Strategic storeroom management and procurement services.

• Data-driven services to optimize supply chain efficiency.

Fastening Solutions:

• ISO 9001 certified Class C components.

• Fastener engineering, kitting, and training services.

Recent Developments

Achievements and Recognition

• Martin Supply secured the #41 spot on Industrial Distribution magazine's Big 50 List in 2024.

• Scott McDaniel elected as the 2024-2025 president of the National Fastener Distributors Association.

• Received the 2023 Supplier Excellence Award from Hunter Engineering Company.

New Offerings and Expansions

• Addition of "Trainer-On-Demand" to their industrial vending machine solutions as of 2023.

• Acquisition of Trinity Hardware Headquarters from Agrisolutions in 2024.

Corporate Developments

• Celebrated 90 years of excellence in 2024.

• Welcomed Scott McDaniel as Executive Vice President, Fastening in 2023.

• Appointed Steve McClanahan as Chief Financial Officer in 2023.

Partnerships and Alliances

Martin Supply is part of multiple trade associations:

• Member of Affiliated Distributors (AD)

• Participates in the AD Safety Network

• Acknowledged by industry bodies like the Global Supply Alliance and the Industrial Supply Association.

This structured approach has allowed Martin Supply to maintain robust growth in North America's industrial supply sector by leveraging strong partnerships and an unwavering commitment to customer satisfaction.