GHX Industrial acquires Fugitt Rubber and Supply
GHX Industrial has acquired Tennessee based Fugitt Rubber and Supply Co.
FR&S operates two branches – a 25,000 square foot facility in Memphis, Tenn., and an 18,000 square foot facility in Jackson, Tenn.
Fugitt is a value added distributor of fluid sealing and fluid transfer products including custom fabricated industrial, hydraulic and metal hose, gaskets and other industrial products. Fugitt’s core customer base has historically consisted of steel mills, food & beverage processing plants, petrochemical plants and OEMs. Fugitt has a combined staff of approximately 40 employees between its two locations. The company was owned by Harold Gaither, who began his career with FR&S in 1968.
“Expanding our North American operation is an ongoing strategic focus for the United Distribution Group and the acquisition of the Fugitt locations compliments our already strong North American presence,” said Darrell Cole, president and CEO of The United Distribution Group, the parent company of GHX Industrial.
Richard Harrison, president of GHX Industrial, added “GHX welcomes the Fugitt team to our organization. Their relationships and service record in the industries served were a key reason we wanted Fugitt as a part of the GHX portfolio. In addition, Fugitt’s in-house hose assembly and gasket fabrication capabilities allows GHX to continue to strategically broaden our core product and service offerings.”
INDUSTRIAL SUPPLY MAGAZINE
The March/April issue of Industrial Supply magazine features an in-depth cover story about Joyce Lansdale and Vallen. Plus, we're featuring articles by contributing writers Dirk Beveridge, Frank Hurtte, and David Kahle, as well as interviews with numerous product and distribution industry experts.
