Intellectual Property of Knoxville’s SMRT acquired
The local company is led by Chief Executive Officer (CEO) Christine Schmitz and Chief Technology Officer Dr. Tony Schmitz.
MSC Industrial Supply Co., a distributor of Metalworking and Maintenance, Repair, and Operations (MRO) products and services to industrial customers throughout North America, has announced 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, SMRT is led by Chief Executive Officer (CEO) Christine Schmitz and Chief Technology Officer Dr. Tony Schmitz, a world-renowned mechanical engineering researcher at the University of Tennessee, Knoxville. As experts in machining dynamics and mechanical vibrations, SMRT consults with industry and government partners and has become globally recognized as a leader in mechanical, aerospace and manufacturing engineering.
“This is an exciting day for MSC. SMRT is bridging the gap between cutting edge research and the manufacturing industry,” said Erik Gershwind, MSC President and CEO. “We look forward to further advancing innovation across our best-in-class metalworking products and solutions by combining our technical expertise.”
In a post on SMRT’s LinkedIn page, the company wrote, “We are proud to announce our recent technology acquisition from MSC Industrial Supply Co. and look forward to continuing our mission to develop innovative hardware, software, and process solutions to support the manufacturing industry.”
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