References in periodicals archive ?
MFCP is backed by Colville Capital investment firm, through which the company has made several key acquisitions.
At the base of MFCP is McCoy Sales, which was formed in 1960 and built strong HVAC heating, hydraulic, and instrumentation businesses in the Rocky Mountain region.
In 2012, MFCP acquired American Hose, which gave it twenty stock locations throughout the western United States.
The acquisitions were part of a carefully planned strategy that would give MFCP a strong foothold in the Northwest and access to key industrial areas for future growth, according to MFCP's Robinson.
MFCP has divisions in nineteen locations and prides itself on having a large, readily available, locally based inventory and exceptional application expertise.
"As MFCP was formed, part of the strategy was to identify and capture the geography we felt was under-served and fit into the strategic acquisitions that we were looking for," Robinson says.
President and CEO John Niemi says MFCP will give Alaska operations access to capital and management that will allow it to grow.
"This acquisition has strong support from Parker Hannifin and Stihl because MFCP provides its customers with a high level of service and technical expertise," Niemi notes in an October 2013 statement.
MFCP will retain Jackovich's employees, although owner Buz Jackovich is retiring.
MFCP plans to keep the Jackovich brand name for the immediate future.
Acronyms browser ?
Full browser ?