Walter Surface acquires Fastenal Blackstone supply agreement

Left View Walter Final R1 SwopWalter Surface Technologies has acquired the Fastenal Blackstone supply agreement and all related inventory from Sundisc Abrasives USA LLC. With this agreement, effective immediately, Walter becomes one of Fastenal’s trusted private label suppliers across the Americas, according to an announcement.

“This transaction allows us to accelerate our expansion in the United States by servicing one of the fastest growing industrial distributors in the country,” says Marc-André Aubé, Walter Surface Technologies president and chief operating officer. “We are excited to help contribute to the success of the Blackstone brand, and we believe this agreement will also contribute to the success of Walter’s own high-performance line of products regarded as ‘Only the Best’ throughout the industry.”

Blackstone is one of Fastenal’s leading brands of abrasives and welding consumables known for their cutting-edge technology and quality. Under Walter’s advanced design and manufacturing processes, customers will be assured access to a wide range of Blackstone abrasives that will be continually optimized for performance, the announcement states.

“Fastenal is pleased to enter into this supply agreement with the scale of a leading global abrasives manufacturer such as Walter Surface Technologies”, says Paul Quigley, Fastenal vice president, product development. “Fastenal customers will benefit from Walter’s product innovations and dedicated technical support.”

The agreement adds to the expansion of Walter’s private label operations in the Americas, as well as additional opportunities for Walter brand sales growth in metalworking markets in the U.S., according to the company.

Learn how to move your used trucks faster
With unsold used inventory depreciating at a rate of more than 2% monthly, efficient inventory turnover is a must for dealers. Download this eBook to access proven strategies for selling used trucks faster.
Download
Used Truck Guide Cover