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Martin Supply acquires another Indiana-based industrial distributor

FLORENCE — Martin Supply is taking a big step in acquiring its fourth Indiana-based industrial distributor in three years. Quality Mill Supply has locations in Bloomington, Ferdinand, Fort Wayne, Franklin, and Muncie, Ind.

Florence-based Martin Supply is a subsidiary of Martin Inc., a supplier for the industrial and construction markets.

“We are very excited to have Quality Mill Supply join the Martin team,” said David Ruggles, president of Martin Supply. “Over the last 78 years, the Gilbert family has built a thriving company that possesses the type of culture and reputation we look for in a potential acquisition partner. Together, we share a common mission to help companies operate better.

“We look forward to combining the Martin and Quality Mill teams, giving us even more resources to provide world-class services and custom-tailored solutions to our current and future customers.”

Evan Gilbert, president of Quality Mill Supply, is the third generation to run the company. He became president in 2014.

“The success of our customers is our top priority and I believe there is no company better suited to carry on this focus than Martin,” said Gilbert. “I am proud of our company’s legacy and delighted that we will be joining forces with a team whose shared values and culture will ensure a smooth transition for our employees and customers.”

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