Kyocera Corporation today announced that it has concluded an agreement to acquire 100% ownership of SouthernCarlson Inc, a US distributor of tools, fasteners, packaging, and facility supplies, headquartered in Omaha, Nebraska. Under the agreement, SouthernCarlson will operate as a US-based subsidiary of Kyocera.
SouthernCarlson covers a range of end markets from over 150 branches across North America. It distributes construction fasteners, tools, packaging, facility supplies and tool repair services.
‘Kyocera entered the industrial tools market in the 1970s with a line of high-speed metal processing tools and has steadily expanded into precision tools for automotive, aerospace, energy, medical, and woodworking applications,’ the company said. ‘With the acquisition of SouthernCarlson, Kyocera will serve a wider range of customers across the North American residential, manufacturing, and industrial professional tool and fastener markets.’
This story uses material from Kyocera, with editorial changes made by Materials Today. The views expressed in this article do not necessarily represent those of Elsevier.
