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SK Industrial Acquires Wayne Tool & Supply in New Jersey

Industrial and machining products distributor SK Industrial Corporation has acquired Wayne Tool & Supply. Operating out of a single 8,000-square-foot facility in Kearny, NJ, Wayne Tool is a distributor of cutting tools, abrasives, fasteners and MRO supplies and has been in business since 1957. SK, meanwhile, similarly provides cutting tools, tool holding, power tools, welding supplies and abrasive products. It was founded in 2019 and is based in…
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Modern Distribution Management broke the news on Tuesday, May 5, 2026.
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