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Hisco Announces Acquisition of All-Spec Industries

Acquisition Provides Established Online Channel to Enhance Customer Service and Convenience

HOUSTON, TX--(Marketwired - January 06, 2014) - Hisco, an employee-owned, specialty distribution company serving the aerospace, electronic assembly, medical device and other industrial markets, today announced the acquisition of online distributor All-Spec Industries. 

Hisco's commitment to high-quality products, technical expertise and local customer service has helped it grow to 34 branches across North America. All-Spec Industries is an online distributor featuring 30,000 items and a track record of shipping 97% of orders the same day they are received.

"This acquisition will clearly benefit our customers," said Bob Dill, President and CEO of Hisco. "Together, Hisco and All-Spec share impressive records as industrial distributors and offer complementary capabilities that will enhance our ability to serve the market."

Headquartered in Houston, TX, Hisco has a 43-year history of supporting North American manufacturing by providing mission-critical materials and value-added services to industrial customers throughout the U.S, Canada and Mexico.

All-Spec, founded in 1988, has a strong online presence and the capability to ship thousands of benchtop electronic assembly products from their Wilmington, NC distribution center.

For more information about Hisco, visit www.hisco.com or call 877-447-2650.

About Hisco

For more than 40 years, Hisco has delivered value to customers through quality products, process solutions and local inventory. Today, the international branch network includes 34 stocking locations - 23 in the United States (including Puerto Rico), ten operated by the HiscoMex subsidiary in Mexico and one operated by HiscoCan in Canada. Two Precision Converting facilities provide value-added fabrication and the AMG Division offers unique custom packaging solutions for adhesives, sealants and specialty chemicals. Hisco also offers vendor-managed inventory programs and specialized warehousing for chemical management, cold storage and logistic services.

About All-Spec Industries

With nearly 30,000 products available online and in stock, All-Spec Industries is a leading distributor of products for electronic service, repair and testing. The online store is dedicated to providing customers with the most seamless possible shopping experience. All-Spec achieves its 97% same-day shipping performance from a state-of-the-art distribution center in Wilmington, NC.

The following files are available for download:

Contact
Andy Behr
Hisco
(713) 934-1622
abehr@hiscoinc.com

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