MSC – MSC Industrial Supply Co. Acquires Intellectual Property Assets from Schmitz Manufacturing Research & Technology

MELVILLE, N.Y. and DAVIDSON, N.C., March 27, 2024 /PRNewswire/ — MSC INDUSTRIAL SUPPLY CO. (NYSE: MSM), a premier distributor of Metalworking and Maintenance, Repair and Operations (MRO) products and services to industrial customers throughout North America, announced it has completed the acquisition of intellectual property (IP) assets from Schmitz Manufacturing Research & Technology LLC (SMRT) related to its technology solutions for the U.S. manufacturing industry.

Based in Knoxville, Tenn., SMRT is led by Chief Executive Officer Christine Schmitz and Chief Technology Officer Dr. Tony Schmitz, a world-renowned mechanical engineering researcher.

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