
Bloomington, MN-based general line industrial distributor Mars Supply announced Monday that it has acquired certain assets of nearby Machine Tool Supply Co., based 10 miles to the east in fellow Twin Cities subsidiary Eagan.
"Machine Tool Supply has been a great company and a worthy competitor in our marketplace for decades," Mars Supply president Bob Mars said. "We plan to keep both company names active but will look forward to gaining operational efficiencies as well as strengthening our brand line ups, inventory and customer base. Todd and Troy Kerin, the previous owners, were very gracious as we worked all this out, and have agreed to stay on for a couple months to help us with the transition."
Mars Supply was founded in 1925 as the W.P. & R.S. Mars Company and was rebranded as Mars Supply in 2017. Along with its Conveyer Belt Services subsidiary, Mars has four locations in Minnesota: Bloomington, Duluth, Minneapolis and Winona.