BlackHawk Industrial Acquires Pinnacle Tool & Supply
TULSA, OK (January 12, 2022) – BlackHawk Industrial, a market-leading distributor of metalworking and other mission critical industrial products, announced today the acquisition of Pinnacle Tool & Supply. Pinnacle is based in Toledo, OH and has a second location in Cleveland, Ohio.
Today’s acquisition significantly increases BlackHawk’s operational footprint in the Ohio region, enhancing its service capabilities in a large manufacturing market. Details of the transaction were not disclosed.
Pinnacle Tool & Supply has a long-standing reputation as a highly technical, value-added distributor in the cutting tool and abrasive space. In addition to the Pinnacle name, the company also operates under the brands W. Lewis Sales and Industrial Metalworking Supply (IMS) in Solon, Ohio.
John Mark, President and CEO of BlackHawk Industrial, described today’s move as significant. “Over the past several years we have worked tirelessly to increase our national exposure and are all very proud of how far we’ve come. This acquisition is another strategic move to extend our market presence in the region and offer our unique capabilities to serve our customers’ mission critical production needs. The addition of the Pinnacle team truly bolsters our ‘Big Enough to Serve – Small Enough to Care’ service model.”
Tim McNeeley, co-owner of Pinnacle, credits the employees and their dedication over the years and views the new partnership as an important step to serving customers and the community. “This is a great day for all Pinnacle associates. We are excited to join the entire BlackHawk family and look forward to the great things to come as a result of our strategic alignment.”
“The common vision that we share will allow us to continue the legacy we’ve established while introducing the innovative service model that has made BlackHawk well known throughout the manufacturing industry,” said co-owner Mike Sauppe. “Our cultures and customer service models align perfectly, and we recognize the unlimited potential of this combined business. We are excited for 2022 and beyond!”
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.
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 our acquisitions team at acquisitions@BlackHawkid.com.
About BlackHawk Industrial
BlackHawk Industrial is a market-leading industrial distributor, focused on metalworking such as carbide cutting tools, abrasives and saw blades. They also provide 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.
BlackHawk National Marketing